Communiqué on Updating Monetary Limits Regarding Announcements of Sales to be Made Pursuant to the Enforcement and Bankruptcy Law
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This Turkish Communiqué updates the monetary thresholds used to decide how sales under the Enforcement and Bankruptcy Law (No. 2004) must be advertised. Effective 1 February 2026, the thresholds are increased based on the December 2025 Producer Price Index published by TÜİK. The lowest threshold rises from 500,000 TL to 1,180,000 TL, the middle band moves from 500,000–2,000,000 TL to 1,180,000–4,740,000 TL, and the highest threshold starts at 4,740,000 TL instead of 2,000,000 TL. These new limits determine whether announcements are required in local newspapers/internet news sites or in nationwide newspapers with high circulation. The decision on the type of publication still considers the interests of the parties involved.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Effective date changed to 1 February 2026
- Lowest threshold increased from 500,000 TL to 1,180,000 TL
- Middle threshold changed from 500,000–2,000,000 TL range to 1,180,000–4,740,000 TL range
+ 3 more changes with Pro
Obligations
What this law requires
Update monetary thresholds for sale announcements under the Enforcement and Bankruptcy Law (No. 2004) based on the December 2025 Producer Price Index (PPI) published by TÜİK, effective 1 February 2026
Apply the new monetary threshold of 1,180,000 TL (previously 500,000 TL) for determining whether sales announcements require publication in local newspapers or internet news sites
Apply the new monetary threshold range of 1,180,000 TL to 4,740,000 TL (previously 500,000 TL to 2,000,000 TL) for determining whether announcements require publication in local newspapers or internet news sites
Apply the new monetary threshold of 4,740,000 TL (previously 2,000,000 TL) and above for determining whether announcements require publication in nationwide newspapers with high circulation or internet news sites
Consider the interests of parties involved when deciding whether to publish announcements in newspapers or internet news sites, using the updated monetary thresholds