Book1 Division07 Title22 Chapter04 Part04

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM.

• The today existing (probably) only copy of its publication is in possession of the main library of Bangkok University. The detailed information and images of the original sources are available on the Centennial Website.
• The detailed information about the genealogical relations between the Draft 1919, Codes of 1923, Codes of 1925, and Code of 1992 is available at the "French Advisers' Heritage".

BOOK ON OBLIGATIONS.

DIVISION VII. SPECIFIC CONTRACTS.

TITLE XXII. Partnerships and Companies.

Section 1343.

• The auditors may be shareholders of the company; but no person is eligible as an auditor who is interested otherwise than as a shareholder in any transaction of the company and no director or other agent or employee of the company is eligible as an auditor during his continuance in office.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1208

Section 1344.

• [I] The auditors shall be elected every year by the ordinary general meeting.
• [II] A retiring auditor is re-eligible.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1209

Section 1345.

• The remuneration of the auditors shall be fixed by the general meeting.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1210

Section 1346.

• If any casual vacancy occurs among the auditors, the directors shall forthwith summon an extraordinary general meeting for the purpose of filling the vacancy.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1211

Section 1347.

• If no election of auditors is made in manner aforesaid the Court shall, on the application of not less than five shareholders, appoint an auditor for the current year and fix his remuneration.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1212

Section 1348.

• Every auditor shall at all reasonable times have access to the books and accounts of the company and he can in relation to such books and accounts examine the directors or any other agents or employees of the company.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1213

Section 1349.

• [I] The auditors must make a report to the ordinary general meeting on the balance-sheet and accounts.
• [II] They must state in such report whether in their opinion the balance-sheet is properly drawn up so as to exhibit a true and correct view of the state of the affairs of the company.

《Genealogies》

1. Draft of April 1924: -
2. Code of January 1925: 1214