Book 3 — Specific Contracts

Section 1058

Statutory text (Thai original)

เมื่อเหตุอันใดอันหนึ่งเกิดขึ้นเกี่ยวด้วยผู้เป็นหุ้นส่วนคนหนึ่งซึ่งตามความใน

Verbatim from the Royal Gazette / Office of the Council of State

English translation

Upon the occurrence of any event connected with one partner which according to Section 1057 or Section 1067 entitles the remaining partners to demand the dissolution of the partnership, the Court may upon the application of the remaining partners instead of such dissolution order the expulsion of the partner in question. For the purpose of the division of property between the partnership and the expelled partner, the partnership property must be assessed and valued at which it stood at the time when the application for the expulsion was first made.

This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.

Firm annotation

Section 1058 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.

This is educational reference, not legal advice. Consult a qualified Thai lawyer before relying on any provision.

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