Section 1126
Irregular forfeiture does not affect a buyer's title Draft heading, not yet reviewed by the firm
Title 22: Partnerships and Companies Chapter 4: Limited Companies Part 2: Shares and Shareholders
Text of the section
Statutory text (Thai original)
แม้ว่าวิธีการริบหุ้นขายหุ้นจะไม่ถูกต้องด้วยระเบียบก็ดี ท่านว่าหาเป็นเหตุให้สิทธิของผู้ซื้อหุ้นซึ่งริบนั้นเสื่อมเสียไปอย่างไรไม่
Verbatim from the Royal Gazette / Office of the Council of State
English translation
The title of the purchaser of the forfeited share is not affected by any irregularity in the proceedings of such forfeiture and sale.
This English translation is provided for reference only and has not yet been firm-verified. Always rely on the Thai original.
Firm annotation
Section 1126 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.
Cite this section
Cite this section
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Plain citation
Civil and Commercial Code, s. 1126 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 1126. ThaiLawOnline, https://www.thailawonline.com/thai-civil-code/section-1126/ (accessed 27 October 2026). -
Thai citation
ป.พ.พ. มาตรา 1126 -
Permalink
https://www.thailawonline.com/thai-civil-code/section-1126/ -
Embed on your site
<blockquote cite="https://www.thailawonline.com/thai-civil-code/section-1126/"><p>The title of the purchaser of the forfeited share is not affected by any irregularity in the proceedings of such forfeiture and sale.</p><footer>Civil and Commercial Code, s. 1126 (Thailand): <a href="https://www.thailawonline.com/thai-civil-code/section-1126/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.