Book1 Division07 Title22 Chapter04 Part08

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 VIII. Dissolution.
Section 1374.
  • [I] A limited company is dissolved:
  • (1) In the cases, if any, provided by its regulations,
  • (2) If formed for a period of time, by the expiration of such period.
  • (3) If formed for a single undertaking, by the termination of that undertaking.
  • (4) By a special resolution to dissolve.
  • (5) By the company becoming bankrupt.
  • [II] A limited company may also be dissolved by the Court on the following grounds:
  • (1) If default is made in filing the statutory report or in holding the statutory meeting.
  • (2) If the company does not commence its business within a year from the date of registration or suspends its business for a whole year.
  • (3) If the business of the company can only be married on at a loss and there is no prospect of its fortunes being retrieved.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1236, 1237(I)