under Section 243 and subject to penalties under Section 296 of the Securities and Exchange Act B.E. 2535 (1992) and Section 317/4(1) of the Securities and Exchange Act (No. 5) B.E. 2559 (2016) in
the contribution into the fund later than the period specified by the law, and revising the processing time periods for the fund’s various proceedings and penalties in the PVD Act.The consultation paper
oversight of persons with the power of management and major shareholders, the imposition of penalties, and statues of limitations for legal proceedings. These proposed amendments are intended to enhance
IFEC directors and executives is unlawful. If any fact appears that there has been any violation of the SEA, such persons may be liable to legal action that could lead to criminal penalties and civil
resolved to approve all transactions but with an observation that GJS should renegotiate with AM regarding the conditions on interest rate charged, commitment fee, breakage penalties fees, and management fee
revealed to the public are liable to criminal sanctions. More severe penalties will be imposed in case the act is done with an aim to deceive investors or general public. The SEC thus urges executives and
potential change in the securities price is deemed to be taking an unfair advantage of other people. Such action is in violation of Section 241 and liable to the penalties under Section 296 of the Securities
considered.*** In determining the aforementioned period, the SEC has taken into account the following factors: relevant roles, behaviors of the person under consideration, any penalties already imposed
in this year, consequently, there was expenses related to the operation fees, on the other hand (3) There was decreased in tax and penalties due to the Company incurred tax and penalties provision in
this year, consequently, there was expenses related to the overseas travelling and other administration fees and (4) Decrease in tax and penalties due to the Company incurred tax and penalties provision