Section 1112
Statutory text (Thai original)
ถ้าการจดทะเบียนมิได้ทำภายในสามเดือนนับแต่ประชุมตั้งบริษัทไซร้ ท่านว่าบริษัทนั้นเป็นอันไม่ได้ตั้งขึ้น และบรรดาเงินที่ได้รับไว้จากผู้เข้าชื่อซื้อหุ้นนั้นต้องใช้คืนเต็มจำนวนมิให้ลดเลยถ้ามีจำนวนเงินเช่นว่านั้นค้างอยู่มิได้คืนในสามเดือนภายหลังการประชุมตั้งบริษัทไซร้ ท่านว่ากรรมการของบริษัทต้องรับผิดร่วมกันที่จะใช้ทั้งต้นเงินและดอกเบี้ยคิดตั้งแต่เวลาสิ้นกำหนดสามเดือนนั้นแต่ถ้ากรรมการคนใดพิสูจน์ได้ว่า การที่เงินขาดหรือที่ใช้คืนช้าไปมิได้เป็นเพราะความผิดของตนไซร้ กรรมการคนนั้นก็ไม่ต้องรับผิดในการใช้ต้นเงินหรือดอกเบี้ย
Verbatim from the Royal Gazette / Office of the Council of State
English translation
If registration does not take place within three months after the statutory meeting, the company is not formed, and all the money received from the applicants must be repaid without deduction. If any such money has not been so repaid within three months after the statutory meeting, the directors of the company are jointly liable to repay that money with interest from the expiration of the three months. Provided that a director shall not be liable for repayment of interest if he proves that the loss of money or delay was not due to his fault.
This English translation is provided for reference only and has not yet been firm-verified. Always rely on the Thai original.
Firm annotation
Section 1112 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.
Cited in 2 Supreme Court decisions (1974 to 2017)
Selected citing decisions
- Decision 3874/2560 (2017)
- Decision 196/2517 (1974)
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.
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
Related guides on ThaiLawOnline
Cite this section
-
Plain citation
Civil and Commercial Code, s. 1112 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 1112. ThaiLawOnline, https://www.thailawonline.com/thai-civil-code/section-1112/ (accessed 8 August 2026). -
Thai citation
ป.พ.พ. มาตรา 1112 -
Permalink
https://www.thailawonline.com/thai-civil-code/section-1112/ -
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<blockquote cite="https://www.thailawonline.com/thai-civil-code/section-1112/"><p>If registration does not take place within three months after the statutory meeting, the company is not formed, and all the money received from the applicants must be repaid without deduction. If any such money has not been so repaid within three months after the…</p><footer>Civil and Commercial Code, s. 1112 (Thailand) — <a href="https://www.thailawonline.com/thai-civil-code/section-1112/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.