regarding securities trading. The case was subject to a civil sanction, was filed with the Civil Court, and was the first legal case adjudged by the Court’s final decision. The whole process, from the
Bangkok, August 19, 2011 ? Vasant Thienhom, SEC Deputy Secretary-General stated concerning the Appeal Court?s today judgment that overturned the Court of First Instance on December 3, 2007 that
The SEC Civil Sanction Committee (CSC) had earlier resolved to impose civil sanctions on all four offenders of this case, among which only two agreed to comply with the specified civil sanctions. However, the other two, namely, (1) LLC Fair Expo company and (2) Mr. Mikalai Zahorski, who are subject to a total monetary civil sanction of 6,005,620 baht (a civil penalty and a reimbursement of investigative expenses incurred by the SEC), refused to comply with the specified civil sanctions, which wa...
with the highest legal penalty. The SEC has sought the Court’s ruling (1) to impose a civil fine worth 1,000,000 baht on Mr. A, (2) to prohibit Mr. A from securities trading or entering into
sanctions determined by the Civil Sanction Committee, the SEC therefore requested the public prosecutor in writing to file a lawsuit against {A} in the Civil Court, pressing for civil sanctions with the
requested a permission from the court and therefore, requested for the extended deadline from the SEC to clarify and publicly disclose the information within 60 days after the bankruptcy court’s permission
. Por. 5964/2562. On 22 December 2020, the Appeal Court rendered the judgement,* opposing the Civil Court’s decision. In this regard, the defendant is required to pay civil penalty twice the amount of
rehabilitation process only upon the court’s formal acceptance of the rehabilitation petition for consideration. The Notification specifying the above regulations* has been published in the Government Gazette
petition with the Southern Bangkok Civil Court, Black Case No. Por 101/2567, dated 18 January 2024. The petition sought the Court’s order to revoke a share swap contract whereby NUSA shareholders would
investigation, the public attorney’s prosecution, and the court’s jurisdiction, respectively. ___________________