Book1 Division07 Title22 Chapter06

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 1411.

• Whoever publishes a prospectus, notice, advertisement or other invitation to subscribe for shares of a limited company before the memorandum of the said company is registered, shall be punished with fine of one hundred to one thousand baht.

《Genealogies》

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

Section 1412.

• Whoever publishes a prospectus, advertisement or other invitation to subscribe for debentures of a limited company before the said company is registered, shall be punished with fine of one hundred to one thousand baht.

《Genealogies》

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

Section 1413.

• Whoever publishes a prospectus, notice, advertisement or other invitation to subscribe for shares or debentures contrary to the provisions of sections 1224, 1225, 1358, 1359, 1371, shall be punished with fine of one hundred to one thousand baht.

《Genealogies》

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

Section 1414.

• Whoever makes or causes to be made in any memorandum for the promotion of a company or in any prospectus, notice, advertisement or other invitation to subscribe for shares or debentures, or in any of the entries for registration provided by this Title, a statement which he knows to be false in any material point, shall be punished with imprisonment not exceeding three years, or fine not exceeding five thousand baht or both.

《Genealogies》

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

Section 1415.

• If a registered company fails in any seal, signboard, notice, advertisement, letter, circular or other document of the company to mention the word "limited" at the end of its name, such company shall be punished with a fine not exceeding one hundred baht.

《Genealogies》

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

Section 1416.

• If a company fails to comply with any of the provisions of Section 1270 concerning the keeping of the register of shareholders, such company shall be punished with fine not exceeding twenty baht for every day during which such default continues.

《Genealogies》

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

Section 1417.

• If a company fails to comply within the proper time with any of the provisions of Sections 1277, 1365, 1376, 1378 concerning registration, such company shall be punished with fine not exceeding twenty baht for every day during which such default continues.

《Genealogies》

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

Section 1418.

• If a company fails to comply with the provisions of Section 1243 concerning delivery of copies of the memorandum and regulations, or Section 1271 concerning the register of shareholders, or Section 1280 providing how the capital of a company shall be mentioned in the documents of the company, such company shall be punished with fine not exceeding fifty baht.

《Genealogies》

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

Section 1419.

• If a company acquires its own shares or takes them in pledge, or fails to sell forfeited shares contrary to the provisions of section 1254, such company shall be punished with fine not exceeding ten baht for every share unduly acquired or kept.

《Genealogies》

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

Section 1420.

• If the default for which a company has been fined under Sections 1414, 1415, 1416, 1418, 1419 is due to the fault of one or more of its directors, such company is entitled to recover from the said directors the amount of the fines, costs and other expenses incurred in connection with the action.

《Genealogies》

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

Section 1421.

• If a certificate to bearer of shares or debentures is issued contrary to the provisions of Sections 1266 or 1372, every director who has signed such certificates shall be punished with fine not exceeding one thousand baht.

《Genealogies》

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

Section 1422.

• If any of the meetings prescribed by Section 1304 or 1306 is not summoned, every director of the company shall be punished with fine not exceeding fifty baht for every day during which such default continues.

《Genealogies》

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

Section 1423.

• If dividends or interest are paid out contrary to the provisions of Section 1336 or 1337, every director of the company shall be punished with imprisonment not exceeding one year or fine not exceeding five thousand baht, or both.

《Genealogies》

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

Section 1424.

• If default is made in complying with any of the provisions of Sections 1289 concerning the registration of the appointment of new directors, or 1331 or 1332 concerning the balance-sheet or of Section 1342 concerning minutes of proceedings and resolutions, every director of the company shall be punished with fine not exceeding one thousand baht.

《Genealogies》

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

Section 1425.

• If the advertisements prescribed by Section 1389 are not made in a local paper within the proper time, every liquidator shall be punished with fine not exceeding ten baht for every day during which such default continues.

《Genealogies》

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

Section 1426.

• If default is made in complying within the proper time with any of the provisions of Sections 1390, 1394 or 1407 concerning registration, every liquidator shall be punished with fine not exceeding five baht for every day during which such default continues.

《Genealogies》

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

Section 1427.

• If the report prescribed by Section 1404 is not deposited at the Registration Office within the proper time, every liquidator shall be punished with fine not exceeding five baht for every day during which such default continues.

《Genealogies》

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

Section 1428.

• If during liquidation any of the meetings prescribed by Sections 1306 and 1405 is not summoned, every liquidator shall be punished with fine not exceeding twenty baht for every day during which such default continues.

《Genealogies》

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

Section 1429.

• A director or liquidator who proves that he has opposed the act or default described in Sections 1422 to 1428 shall not be liable to punishment under those Sections.

《Genealogies》

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