Article 1119: Shares to be paid in money, no set-off
Texte légal (original thaï)
หุ้นทุก ๆ หุ้นจำต้องให้ใช้เป็นเงินจนเต็มค่า เว้นแต่หุ้นซึ่งออกตามบทบัญญัติมาตรา ๑๑๐๘ อนุมาตรา (๕) หรือมาตรา ๑๒๒๑ ในการใช้เงินเป็นค่าหุ้นนั้น ผู้ถือหุ้นจะหักหนี้กับบริษัทหาได้ไม่
Texte intégral tiré de la Gazette royale / Bureau du Conseil d'État
traduction anglaise
Every share must be paid up in full in money, except shares allotted under Section 1108 sub-section (5) or under Section 1221. In paying for shares, a shareholder may not set off a debt against the company.
ThaiLawOnline translation, written from the Thai original and verified
Annotation de l'entreprise
Section 1119 is part of Book 3 (Specific Contracts) of the Thai Civil and Commercial Code. This entry is awaiting firm-authored commentary; the statutory text above is verbatim from the Office of the Council of State (OCS Krisdika) Thai source. The English translation is ThaiLawOnline's own, written from the Thai original and verified against it. Always rely on the Thai original for legal proceedings.
Cited in 12 Supreme Court decisions (1949 to 2023)
Selected citing decisions
- Decision 10208/2553 (2010)
- Decision 4853/2551 (2008)
- Decision 3318/2545 (2002)
- Decision 3675/2540 (1997)
- Decision 5276/2538 (1995)
- Decision 2372/2528 (1985)
- Decision 2359/2544 (2001)
- Decision 1300/2566 (2023)
This list is selected automatically, weighted towards judgments that turn on this section rather than ones that merely recite it when passing sentence. It has not yet been reviewed by the firm.
Most often cited alongside
Sections that appear in the same judgments as this one most often. The figure is the number of decisions.
Counted across the firm's corpus of 83 652 Supreme Court decisions, 1921 to 2026. The count is complete; the stated year range trims rare outliers so it describes where the citations actually sit. These figures are computed by us and are not official court statistics. How we count these, and what we measured
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Cite this section
-
Plain citation
Civil and Commercial Code, s. 1119 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 1119. ThaiLawOnline, https://www.thailawonline.com/fr/thai-civil-code/section-1119/ (accessed 8 août 2026). -
Thai citation
ป.พ.พ. มาตรา 1119 -
Permalink
https://www.thailawonline.com/fr/thai-civil-code/section-1119/ -
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<blockquote cite="https://www.thailawonline.com/fr/thai-civil-code/section-1119/"><p>Every share must be paid up in full in money, except shares allotted under Section 1108 sub-section (5) or under Section 1221. In paying for shares, a shareholder may not set off a debt against the company.</p><footer>Civil and Commercial Code, s. 1119 (Thailand) — <a href="https://www.thailawonline.com/fr/thai-civil-code/section-1119/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.