Email

info@ls-invest.asia

TH: +66 (0) 91 821 5557

US: +1 (702) 512 - 8349

Compare Listings

Withdrawing Shareholder Meeting Resolutions

Withdrawing Shareholder Meeting Resolutions

Shareholder meetings play an important role in the governance of Thai limited companies since the Civil and Commercial Code require that limited companies be managed by the directors under the control of meetings of the shareholders (called “general meetings” in the Code). The primary instrument used by the general meetings to govern the company are shareholder meeting resolutions which are passed by a majority vote of the shareholders attending the meetings. However, an important legal issue that arises in regards to shareholder meeting resolutions concerns the withdrawal of resolutions after they have been passed by a meeting. Section 1195 of the Civil and Commercial Code provide for the withdrawal of company resolutions. According to that section, a resolution must be withdrawn by court order. Furthermore, only a shareholder or director has standing to challenge a resolution and may make such an application to the Court.

Read more

img

Sivana Dee

Whether you are a first time buyer or looking to expand your investment portfolio, we are here to service your every need. Allow LS-Invest.ASIA to assist you in creating your new “LifeStyle”. The right time is now to look no further than LS-Invest.ASIA Based in Phuket, our mission is to introduce a fresh outlook on luxury property investment in Thailand with a uniquely international perspective

Related posts

Best Countries To Invest In 2020

As 2020 unfolds, every business mind is boggled by one question “Where to Invest?”. As an...

Continue reading about Best Countries To Invest In 2020
Sivana Dee
by Sivana Dee

50-90% Reduction of land and buildings Tax 2020

Journalists "Prachachat Business" reported that the government announced the postponement of tax...

Continue reading about 50-90% Reduction of land and buildings Tax 2020
Sivana Dee
by Sivana Dee

New Property Tax Law in Thailand

After numerous attempts over the years to reshape the way property tax is imposed in Thailand, new...

Continue reading about New Property Tax Law in Thailand
Sivana Dee
by Sivana Dee

Join The Discussion

×

Hello,

thank you for visiting LS-Invest.ASIA! My name is Sanne, how may I help you today?

× How can I help you?