“Law No. 7445 on the Law Amendment of the Enforcement and Bankruptcy Law and Certain Laws” (“Law No. 7445”) was published in the Official Gazette dated 5 April 2023. Law No. 7445 introduced certain substantial amendments to various laws.
Within the scope of the amendment made in the Turkish Commercial Code No. 6102 (“TCC“), in the first paragraph of Article 5/A of the TCC, the phrase “about receivables and compensation claims for payment of money” has been changed to “money receivable, compensation, annulment of objection, restitution lawsuits and negative declaratory actions” and these cases are also included in the scope of mandatory mediation. The amendment will enter into force on 1 September 2023.