Section 1137
Statutory text (Thai original)
ถ้าข้อบังคับของบริษัทมีกำหนดไว้เป็นองค์คุณอันหนึ่งสำหรับผู้จะเป็นกรรมการ ว่าจำจะต้องเป็นผู้ถือหุ้นเป็นจำนวนเท่าหนึ่งเท่าใดไซร้ หุ้นเช่นนี้ท่านว่าต้องเป็นหุ้นชนิดระบุชื่อ
Verbatim from the Royal Gazette / Office of the Council of State
English translation
If it is prescribed by the regulations of the company that a director must hold a certain number of shares of the company as a qualification for such office, such shares must be shares entered in a name certificate.
This English translation is provided for reference only and has not yet been firm-verified. Always rely on the Thai original.
Firm annotation
Section 1137 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.
Related guides on ThaiLawOnline
Cite this section
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Plain citation
Civil and Commercial Code, s. 1137 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 1137. ThaiLawOnline, https://www.thailawonline.com/thai-civil-code/section-1137/ (accessed 8 August 2026). -
Thai citation
ป.พ.พ. มาตรา 1137 -
Permalink
https://www.thailawonline.com/thai-civil-code/section-1137/ -
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<blockquote cite="https://www.thailawonline.com/thai-civil-code/section-1137/"><p>If it is prescribed by the regulations of the company that a director must hold a certain number of shares of the company as a qualification for such office, such shares must be shares entered in a name certificate.</p><footer>Civil and Commercial Code, s. 1137 (Thailand) — <a href="https://www.thailawonline.com/thai-civil-code/section-1137/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.