According to the Article 357, titled "equal treatment principle" of Turkish Commercial Code (TCC), the shareholders shall be subject to equal treatment under equal terms. Herewith the principle of equal treatment of shareholder under equal terms which was already accepted both by Turkish doctrine and Supreme Court (Yargıtay) of Turkey at the time of previous Turkish Commercial Code, numbered 6762, is embodied for the first time as a legal provision. However this regulation is not free of problems. Uncertainty of legal characteristic of the principle, the unclarity of consequences of general assembly resolutions against the principle, serious consequences that the nullity of the board decisions may draw and the question whether a deviation from the principle because of objective grounds is possible or not, are some of problematic areas of "equal treatment principle". In spite of these problems, it should be accepted that this principle will serve the prevention of abuse of majority power and the strengthening of shareholder democracy in joint stock companies.