Book1 Division07 Title22 Chapter04 Part09
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 IX. Amalgamation of limited companies.
Section 1375.
- A limited company cannot amalgamate with another limited company except by special resolution.
《Genealogies》
- Draft of April 1924: -
- Code of January 1925: 1238
Section 1376.
- The special resolution by which an amalgamation is decided must be registered by the company within fourteen days from its date.
《Genealogies》
- Draft of April 1924: -
- Code of January 1925: 1239
Section 1377.
- [I] The company must publish seven times in a local paper and send to all creditors known to the company by registered letter a notice of the particulars of the proposed amalgamation requiring the creditors to present within six months after the date of notice any objection they may have to it.
- [II] If no objection is raised during such period, none is deemed to exist.
- [III] If an objection is raised, the company cannot proceed with the amalgamation unless it has satisfied the claim or given security for it.
《Genealogies》
- Draft of April 1924: -
- Code of January 1925: 1240
Section 1378.
- When the amalgamation has been made, it must be registered within fourteen days by each amalgamated company and the limited company formed by the amalgamation must be registered as a new company.
《Genealogies》
- Draft of April 1924: -
- Code of January 1925: 1241
Section 1379.
- The share capital of the new company must be equivalent to the total share capital of the amalgamated companies.
《Genealogies》
- Draft of April 1924: -
- Code of January 1925: 1242
Section 1380.
- The new company is entitled to the rights and subject to the liabilities of the amalgamated companies.
《Genealogies》
- Draft of April 1924: -
- Code of January 1925: 1243
