Section 130 Securities and Exchange Act B.E. 2535 Section 130. Upon the dissolution of the mutual fund, the securities company shall appoint a liquidator to collect and distribute assets to the
of time thereby the payment upon termination of employee’s membership or dissolution of the fund pursuant to Section 25 shall be prescribed, without unreasonable grounds for eliminating the employee’s
unitholders on the dissolution date of the mutual fund. Once such process has been carried out, the liquidation shall be deemed to be completed. In distributing money to the unitholders according to the first
; (8) the provisions regarding the rules, procedures and period of time for the payment upon termination of an employee’s membership or upon dissolution of the fund pursuant to Section 25; (9) the
prevention of conflicts of interest between the management company and the unitholders; (7) the money borrowing or creation of encumbrances on a fund ’s assets; (8) the liquidation of a fund . In the case
Section 8 shall be vacated upon: (1) death; (2) resignation; (3) reaching the age of seventy years; (4) having the prohibited characteristics as provided in Section 9; (5) termination by the Cabinet’s
trust, except where dissolution, liquidation or bankruptcy of the trustee causes the termination of trust, a liquidator or an official receiver of the trustee, as the case may be, shall perform such duty
following details: (1) objectives, rights, duties and responsibilities among the founding members; (2) causes for dissolution of the securities trading center which shall include at least the following cases
may order termination of the scheme or dissolution of such mutual fund. Clause 23. All provisions as stipulated in the Notification of the Securities and Exchange Commission No. GorNor. 29/2547, Re
per share. In case of having securities listed elsewhere, identify the name of the Stock Exchange. (2) In case of having other types of share such as preferred share whose rights or terms differ from