period was over, provided that the action taken hereto shall base upon the commission of offences regarding deceitful, fraudulent or dishonest management of assets which has caused damage to either the
’ efficiency. 9. Litigation In September 2018, the Company was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2
September 2018, the Company was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2 million. As on 13 December 2018
favor of the Company. Consequently, the Company has not established any loss reserve in its accounts, from suing of claiming a compensation for damage of Baht 9. 2 million for its non- compliance with the
was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2 million. As on December 13, 2018, the Company has
damage, [ii] other circumstances indicating that the applicant is facing financial distress, or [iii] reasonable grounds to believe that the applicant has any deficiency or inappropriateness in operational
prevent any damage from frauds. Accordingly, the bank has terminated the employment of these investment consultants without making any severance payment, initiated legal actions, and compensated every
for one’s own interest or third parties’ interests and thereby causing damage to EARTH. The aforementioned acts constitute the offenses under Section 308, Section 310, and Section 311 of the
addition, VBB did not return the advanced compensation to SPM in accordance with the contract's conditions. Consequently, SPM suffered damage and had to set a doubtful account for the whole amount. The
opinion; “collateral” means a collateral for compensation of damage to a customer arising from incorrect or incomplete performance of duties of the investment advisory company, i.e. : (a) insurance policy