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April 30, 2011

Legal and Practical Aspects of Board and Shareholders’ Meetings

Bangkok Post, Corporate Counsellor Column

The amended Company Law that took effect on July 1, 2008, introduced quite a revolution in several aspects of corporate practice in Thailand. The tougher rules of the Ministry of Commerce that followed the amended law further intensified the requirement for more formal and actual Board and shareholders’ meetings. Given that many corporate directors are now aware of but perhaps confused about the requirements under the amended law, this article provides an overview of the new regulations.

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