, provided that such person does not have any of the prohibited characteristics as prescribed in Section 23. In cases where it is subsequently found that the person acting as a director, manager, or holding a
, provided that such person does not have any of the prohibited characteristics as prescribed in Section 23. In cases where it is subsequently found that the person acting as a director, manager, or holding a
, a trustee shall perform its duty in order to collect, dispose and allocate property in accordance with Section 53 upon termination of trust, except where dissolution, liquidation or bankruptcy of the
prohibits alteration of the trustee. SECTION 52 Subject to Section 29, a trustee shall perform its duty in order to collect, dispose and allocate property in accordance with Section 53 upon termination of
collect, dispose and allocate property in accordance with Section 53 upon termination of trust, except where dissolution, liquidation or bankruptcy of the trustee causes the termination of trust, a
) transfer of assets whereby the original payee acts as the agent to collect and receive payments of debts incurred; (2) transfer of assets whereby the agent to collect and receive payments of debts has been
paragraph of Section 308 of the Civil and Commercial Code shall not be prejudiced: (1) transfer of assets whereby the original payee acts as the agent to collect and receive payments of debts incurred; (2
a defence under second paragraph of Section 308 of the Civil and Commercial Code shall not be prejudiced: (1) transfer of assets whereby the original payee acts as the agent to collect and receive
governing such operations. Section 15. If the assets which have been transferred are rights of claims whereby the original payee acts as an agent to collect and receive payments of debts incurred, the
the trust; (4) oversee and collect interest of the trust; (5 https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-trustact.doc act-sea2016-no5.pdf ownership of such securities; (2