business judgment of individual market participants, board members and company officials. What works in one company or for one group of investors may not necessarily be generally applicable to all of
present to the arbitrator, the arbitrator shall order to close the consideration. Chapter VI Dispute Resolution ________________________ Clause 25. A dispute resolution shall be completely made within
respondent on an actual basis (if any) to pay the claimant. Such expense shall not be classified as the expense under Clause 36. Clause 24. If the parties have no additional evidence to present to the
, effective monitoring of management and be accountable to the company and its shareholders. Moreover, the board is also required to balance the different interests and classes of shareholders, and others. The
investment, and the Company shall, then, seek for investors who are interested in the project. At present, the current management, representing the existing shareholders, has been the operator to find
principles can be adapted by each company to best fit the individual firm’s functional needs. If they choose not to comply with any principles, they should explain thoroughly the reasons for not doing so. 2
among business operators, investors and the public. At present, it is concluded that the SET will be the core leader and major shareholder in the development company along with providing personnel support
the independence and professionalism of the SEC. Some of these provisions would traditionally be placed in company law. By having them in the SEA, the SEC has direct authority to enforce them for listed
Sections of the Public Limited Company Act B.E. 2535 (1992). The amendment involved the abolishment of the par value, the provision that allows voting right of preferred shares to be less than those of the