director, an executive or a related person may enter into any transaction with the company or the subsidiary only after obtaining approval from the shareholders’ meeting, unless such transaction is
changed by the operation of law governing merger of business of such person. In cases where the original payee has acted as the agent to collect and receive payments of debts incurred but there is a change
) transfer of assets whereby the agent to collect and receive payments of debts has been changed by the operation of law governing merger of business of such person. In cases where the original payee has acted
payments of debts incurred; (2) transfer of assets whereby the agent to collect and receive payments of debts has been changed by the operation of law governing merger of business of such person. In cases
who collects and receives payments of debts unless the change of the agent occurs by operation of law governing merger of business of such person. Section 16. As regards the transfer of assets under an
rules, regulations, notifications, orders, or directions under this Act; (2) the determination of fees for application for an approval, application for obtaining a license, a license, or for operating the
, application for obtaining a license, a license, or for operating the business as licensed; indicated amendment by the Securities and Exchange Act (No. 5) B.E. 2559 7 (3) the issuance of rules relating to the
shall purchase or sell of listed securities outside the SET, unless obtaining permission from the SET or such purchase or sale is made in compliance with rules, conditions and procedures specified by the
with the Administrative Court of First Instance. Division 2 Criminal Sanction ____________________ SECTION 77 Any person undertaking business in a manner similar to trust business without obtaining
SECTION 77 Any person undertaking business in a manner similar to trust business without obtaining approval under Section 54 shall be liable to imprisonment for a term not exceeding ten years or a fine not