Section 1124
Statutory text (Thai original)
ถ้าในคำบอกกล่าวมีข้อแถลงความถึงการริบหุ้นด้วยแล้ว หากเงินค่าหุ้นที่เรียกกับทั้งดอกเบี้ยยังคงค้างชำระอยู่ตราบใด กรรมการจะบอกริบหุ้นนั้น ๆ เมื่อใดก็ได้
Verbatim from the Royal Gazette / Office of the Council of State
English translation
If a statement as to forfeiture has been made in the notice the directors may, as long as the call and interest remain unpaid, declare the shares to be forfeited.
This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.
Firm annotation
Section 1124 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.