be repealed and replaced with the following provisions: “SECTION 37 The provision under Section 1229 of the Civil and Commercial Code which prohibits issuance of debentures by a limited company shall
derivatives clearing house. “securities” means securities under the Securities and Exchange Act. “Stock Exchange” means the Stock Exchange of Thailand under the Securities and Exchange Act. “securities trading
a limited company under the Civil and Commercial Code, regardless of whether it is made by the limited company issuing such shares or by shareholders of such limited company, shall not be made in the
to and after the offering for sale of newly issued securities has been approved. 16 SECTION 34.4 Offer for sale of newly issued shares by a limited company under the Civil and Commercial Code
Section 306 of the Civil and Commercial Code. However, the rights of the debtor to set up a defence under second paragraph of Section 308 of the Civil and Commercial Code shall not be prejudiced: (1
fund or any other type of juristic person as may be prescribed by the SEC. Section 10. Person eligible to submit a project to the Office of the SEC for consideration are: (1) commercial banks; (2
following cases shall be deemed lawful without notice being given to the debtor pursuant to Section 306 of the Civil and Commercial Code. However, the rights of the debtor to set up a defence under second
rights of claims in the following cases shall be deemed lawful without notice being given to the debtor pursuant to Section 306 of the Civil and Commercial Code. However, the rights of the debtor to set up
, ceases to be a juristic person, or ceases to be a commercial bank; (3) the trustee is dismissed from trusteeship; (4) the SEC temporarily suspends the trustee’s undertaking of trust business, or revokes