Section 1031
Statutory text (Thai original)
ถ้าผู้เป็นหุ้นส่วนคนใดละเลยไม่ส่งมอบส่วนลงหุ้นของตนเสียเลย ท่านว่าต้องส่งคำบอกกล่าวเป็นจดหมายจดทะเบียนไปรษณีย์ไปยังผู้เป็นหุ้นส่วนคนนั้น ให้ส่งมอบส่วนลงหุ้นของตนมาภายในเวลาอันสมควร มิฉะนั้นผู้เป็นหุ้นส่วนคนอื่น ๆ จะลงเนื้อเห็นพร้อมกัน หรือโดยเสียงข้างมากด้วยกันสุดแต่ข้อสัญญา ให้เอาผู้เป็นหุ้นส่วนคนนั้นออกเสียได้
Verbatim from the Royal Gazette / Office of the Council of State
English translation
If a partner wholly fails to deliver his contribution, a written notice must be given him by a registered letter to deliver it within a reasonable time, failing which he may be excluded from the partnership by a decision of all the other partners, or of such majority as provided in the contract.
This English translation is provided for reference only and has not yet been firm-verified. Always rely on the Thai original.
Firm annotation
Section 1031 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.
Related guides on ThaiLawOnline
Cite this section
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Plain citation
Civil and Commercial Code, s. 1031 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 1031. ThaiLawOnline, https://www.thailawonline.com/thai-civil-code/section-1031/ (accessed 28 August 2026). -
Thai citation
ป.พ.พ. มาตรา 1031 -
Permalink
https://www.thailawonline.com/thai-civil-code/section-1031/ -
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<blockquote cite="https://www.thailawonline.com/thai-civil-code/section-1031/"><p>If a partner wholly fails to deliver his contribution, a written notice must be given him by a registered letter to deliver it within a reasonable time, failing which he may be excluded from the partnership by a decision of all the other partners, or…</p><footer>Civil and Commercial Code, s. 1031 (Thailand): <a href="https://www.thailawonline.com/thai-civil-code/section-1031/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.