The law requires a juristic person to have a legal representative who acts on its behalf and also sets provisions on its liabilities.
Please refer to the Newsletter below written by CDLAF's partner in Thailand: ILAW ASIA
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Key Takeaways:
1. Director’s Liability
– Limited Companies
– Public Companies
2. Criminal Liability
3. Guidelines for Practice in Cases where Directors would not be Jointly Liable with the Juristic Person
