following persons shall be the applicant for the offering for sale of securities under Section 33: (1) The would-be settlor or the settlor only in case of an initial public offering of newly issued securities
accordance with the provisions of the Civil and Commercial Code or under the law governing public limited companies, as the case may be, except that any acts in the process of dissolution and liquidation which
businesses, for the purpose of maintaining the stability of the country’s economy, and protecting investors and the public concerned. The enactment of this Emergency Decree is consistent with the conditions
of such activities and businesses, for the purpose of maintaining the stability of the country’s economy, and protecting investors and the public concerned. The enactment of this Emergency Decree is
units; (10) any other instruments as specified by the SEC. "bill" means any bill issued for raising funds from the public as specified in the notification of the SEC. "debenture" means any debt instrument
instruments as specified by the SEC. "bill" means any bill issued for raising funds from the public as specified in the notification of the SEC. "debenture" means any debt instrument of whatever name excluding
shall be carried out in accordance with the provisions of the Civil and Commercial Code or under the law governing public limited companies, as the case may be, except that any acts in the process of
company under the first paragraph shall be carried out in accordance with the provisions of the Civil and Commercial Code or under the law governing public limited companies, as the case may be, except that
carried out in accordance with the provisions of the Civil and Commercial Code governing liquidation of limited companies or under the law governing liquidation of public limited companies, as the case may
. SECTION 3. The definition “company” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be amended and replaced by the following texts: ““company” means any limited company or public limited