Book1 Division07 Title22 Chapter04 Part03 04

From Thai Codification Draft of 1919

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM.

BOOK ON OBLIGATIONS.

DIVISION VII. SPECIFIC CONTRACTS.

TITLE XXII. Partnerships and Companies.

Chapter IV. Limited Companies.
Part III. Management of limited companies.
4. Balance-sheet.
Section 1331.
  • [I] A balance-sheet must be made at least once in every twelve months. at the end of such twelve months as constitute the financial year of the company.
  • [II] It must contain a summary of the assets and liabilities of the company and a profit and loss account.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1196
Section 1332.
  • [I] The balance-sheet must be examined by one or more auditors and submitted for adoption to a general meeting within four months after its date.
  • [II] A copy of it must be sent to every person entered in the register of shareholders at least three days before the general meeting.
  • [III] Copies must also be kept open at the offices of the company during the same period for inspection by the holders of certificates to bearer.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1197
Section 1333.
  • On submitting balance-sheet, the directors must lay before the general meeting a report showing how the business of the company was conducted during the year under review.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1198
Section 1334.
  • Any person is entitled to obtain from any company a copy of its latest balance-sheet on payment of a sum not exceeding fifty satang.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1199(I)