The Civil Sanction Committee passed a resolution imposing a civil sanction on Surasak and Ekkamon in the case of insider trading of GLOBAL shares on 22 August 2012; however, both persons refused to comply with the civil sanction. Later, on 26 February 2018, the public prosecutor filed a legal action against Surasak and Ekkamon with the Civil Court after the SEC had submitted the case for the Court to impose the civil sanction on them in the Undecided Case No. Por. 1060/2561 between the SEC...
rendered a judgement in the Red Case No. Por. 5396/2562, wherein the defendant was required to pay (1) a civil penalty, 1.25 times the benefits that the defendant received or would have received from
derivatives contracts for five years from the Court’s judgement date, (3) to bar him from serving as a director and executive of securities issuing companies and securities companies for 10 years from the
five years from the Court’s judgement date, (3) to bar him from serving as a director and executive of securities issuing companies and listed companies for 10 years from the Court’s judgement date
. Por. 5964/2562. On 22 December 2020, the Appeal Court rendered the judgement,* opposing the Civil Court’s decision. In this regard, the defendant is required to pay civil penalty twice the amount of
principles for such kind of fund conversion.The key provisions include (1) permission to pay for the purchase of property fund assets during the fund conversion process with trust units or combination of trust
Attorney to file a civil lawsuit with the Court and petition the Court to enter a judgement against that offender for maximum civil sanctions as prescribed by the SEA. ______________________ Note: All
the Court and petition the Court to enter a judgement against that offender for maximum civil sanctions, as prescribed by the SEA. ________________________________