Book 3 — Specific Contracts

Section 1120

Statutory text (Thai original)

บรรดาเงินค่าหุ้นซึ่งยังจะต้องส่งอีกนั้น กรรมการจะเรียกให้ผู้ถือหุ้นส่งใช้เสียเมื่อใดก็ได้ เว้นแต่ที่ประชุมใหญ่จะได้วินิจฉัยเป็นอย่างอื่น

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

English translation

Unless otherwise decided by a general meeting, the directors may make calls upon the shareholders in respect of al money being due on their shares.

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

Firm annotation

Section 1120 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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