Book1 Division07 Title22 Chapter04 Part08
From Thai Codification Draft of 1919
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.
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》