Section 1240: Notice of the amalgamation to creditors
Statutory text (Thai original)
เมื่อมีมติพิเศษให้ควบรวมบริษัทแล้ว บริษัทต้องมีหนังสือบอกกล่าวมติดังกล่าวภายในสิบสี่วันนับแต่วันที่ได้มีมติไปยังเจ้าหนี้ของบริษัทตามรายชื่อที่ปรากฏในบัญชีของบริษัท ณ วันที่ที่ประชุมผู้ถือหุ้นลงมติให้ควบรวมบริษัท โดยกำหนดเวลาให้ส่งคำคัดค้านภายในหนึ่งเดือนนับแต่วันที่ได้รับหนังสือบอกกล่าวมตินั้น และให้บริษัทโฆษณามตินั้นทางหนังสือพิมพ์รายวันที่แพร่หลายภายในกำหนดเวลาสิบสี่วันนั้นด้วย
ถ้ามีการคัดค้าน บริษัทจะควบรวมมิได้จนกว่าจะได้ชำระหนี้หรือได้ให้ประกันเพื่อหนี้นั้นแล้ว
Verbatim from the Royal Gazette / Office of the Council of State
English translation
When a special resolution to amalgamate has been passed, the company must, within fourteen days from the date of the resolution, give written notice of the resolution to the creditors of the company whose names appear in the company's accounts as at the date on which the shareholders' meeting resolved to amalgamate, fixing a period of one month from receipt of the notice within which objections may be sent; and the company must also advertise the resolution in a widely circulated daily newspaper within that period of fourteen days.
If an objection is made, the company may not amalgamate until the debt has been paid or security has been given for it.
ThaiLawOnline translation, written from the Thai original and verified
Firm annotation
Section 1240 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 1 Supreme Court decisions (1999 to 1999)
Selected citing decisions
- Decision 5324/2542 (1999)
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. 1240 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 1240. ThaiLawOnline, https://www.thailawonline.com/thai-civil-code/section-1240/ (accessed 27 August 2026). -
Thai citation
ป.พ.พ. มาตรา 1240 -
Permalink
https://www.thailawonline.com/thai-civil-code/section-1240/ -
Embed on your site
<blockquote cite="https://www.thailawonline.com/thai-civil-code/section-1240/"><p>When a special resolution to amalgamate has been passed, the company must, within fourteen days from the date of the resolution, give written notice of the resolution to the creditors of the company whose names appear in the company's accounts as at the date on…</p><footer>Civil and Commercial Code, s. 1240 (Thailand): <a href="https://www.thailawonline.com/thai-civil-code/section-1240/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.