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Bangkok Post, Thailand, Corporate Counselor column.
Aug. 6--TURNING ASSETS INTO CASH IN BANKRUPTCY CASES: There are two major methods of liquidating a company or other juristic person in Thailand. Creditors may file bankruptcy charges against insolvent companies indebted to one or more plaintiff creditors.
The debt must be for no less than two million baht and may be definitively determined when charges are filed, regardless of when they would have originally been due. Alternatively, the Bankruptcy Act and Civil Commercial Code allow a company, limited partnership, or other juristic person to establish bankruptcy through a liquidator.
The term "liquidator" refers to the person or persons appointed by a general meeting of ...
- Importance Of Professional Associations' Merger (Joining) Under The Roof Of...
- News wire article from: Mondaq Business Briefing Kocali, Mehmet June 24, 2009 700+ words
...answerable to their beneficiaries (real or juristic person bodies) from one center and thus they...effective agreements with real and juristic person bodies. Particularly real and juristic person bodies who wish to fulfill their obligations...
- Bangkok Post, Thailand, Insider Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) October 8, 2002 700+ words
...individuals (1.75 percent); -- MFJ: Minimum fixed deposit rate for a juristic person (1 percent); -- MSJ: Minimum savings deposit rate for a juristic person (0.25 percent). How do the loans work? If the account is used directly...
- Bangkok Post, Thailand, Guest Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) December 19, 2003 700+ words
...therefore, this type of partnership is not a legal entity (juristic person) and the partnership pays taxes at the rates applicable...partnership is registered with the BDD, which makes it a juristic person with a separate and distinct personality from each of the...
- THAI NEWSPAPER HIGHLIGHTS - AUG 6, 2004.
- News wire article from: AsiaPulse News August 6, 2004 700+ words
...are two major methods of liquidating a company or other juristic person in Thailand. Creditors may file bankruptcy charges against...Commercial Code allow a company, limited partnership, or other juristic person to establish bankruptcy through a liquidator. - Thai sugar...
- No detail too small in a condo contract: Foreigners should take special care.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 14, 2005 700+ words
...definitions are specified for articles of association, building, common property, condominium, co-owners, condominium juristic person, delivery date, encumbrances, furniture, private property, saleable area and unit. Encumbrance is defined to ensure...
- Draft Geographical Indication Act: A Summary.(Thailand)
- News wire article from: Mondaq Business Briefing June 19, 2002 700+ words
...Registration? The following persons are entitled to apply for registration of a geographical indication. An ordinary person or juristic person whose business is in goods used with the geographical indication in the geographic source of such goods. A consumer group...
- Boosting business. (amendments to Saudi Arabia's corporate law)
- Magazine article from: MEED Middle East Economic Digest Najjar, Mitri J. April 24, 1992 700+ words
...royal decree in order to be incorporated. Among these corporations are those in which the government or any other public juristic person participates. The requirements of Council of Ministers approval and the issuance of a royal decree have been eliminated...
- Deposit insurance law wins cabinet approval in Thailand.
- Newspaper article from: Knight Ridder/Tribune Business News December 1, 2004 700+ words
...2005. The deposit insurance agency, to be set up with starting capital of one billion baht, will have the status of a juristic person and not be classified as a state agency or state enterprise for budgetary purposes. Insurance coverage will be given to...
