Section 1015 — Acquisition of juristic personality
Statutory text (Thai original)
ห้างหุ้นส่วนหรือบริษัทเมื่อได้จดทะเบียนตามบัญญัติแห่งลักษณะนี้แล้ว ท่านจัดว่าเป็นนิติบุคคลต่างหากจากผู้เป็นหุ้นส่วนหรือผู้ถือหุ้นทั้งหลายซึ่งรวมเข้ากันเป็นหุ้นส่วนหรือบริษัทนั้นมาตรา ๑๐๑๖[42] การจดทะเบียนห้างหุ้นส่วนหรือบริษัท การแก้ไขข้อความที่ได้จดทะเบียนไว้ในภายหลัง และการจดทะเบียนอย่างอื่นตาม
Verbatim from the Royal Gazette / Office of the Council of State
คำแปลภาษาอังกฤษ
A partnership or company, upon registration being made according to the provisions of this Title, continues a juristic person distinct form the partners or shareholders of whom it is composed.
This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.
Firm annotation
Section 1015 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, with the English translation from the FAO/UN FAOLEX repository. Always rely on the Thai original for legal proceedings.
Why this matters in practice
Lawyers: Separate legal personality means the company can sue and be sued, own property, and enter contracts in its own name. The 'corporate veil' separates the entity from its shareholders — shareholders are not personally liable for the company's debts (beyond unpaid shares) unless the veil is pierced. An unregistered ordinary partnership has no such separation. Laypeople: Once a company is registered, it is a separate legal person — its debts are not automatically your debts as a shareholder, and it can own property in its own name.
Legislative history
Part of the original Civil and Commercial Code codification; no major subsequent amendment.
Supreme Court decisions interpreting this section
-
Supreme Court Judgment No. 5674/2530 (1987) ★ Landmark
An unregistered ordinary partnership is not a legal entity and cannot be a party to litigation — only its individual partners can.
An unregistered ordinary partnership is not a juristic person. Only natural persons and juristic persons can be parties to litigation. An unregistered partnership therefore cannot sue or be sued in its own name — only the individual partners can be parties.
Curated decisions with case numbers verified against the Supreme Court database. English renderings are the firm's editorial translation for study.
Frequently asked questions
What happens legally when a company is registered in Thailand?
Upon registration, the company becomes a juristic person (legal entity) separate from its shareholders under Section 1015. It can own property, sign contracts, sue and be sued in its own name. Shareholders are generally protected from the company's debts beyond the unpaid amount on their shares.