Overview of Company Director Appointments and Removals

Every private limited company in Thailand must be managed by one of more directors who are under the control of the general meeting of the shareholders and in accordance with the Articles of Association (AoA) of the company. Company directors of a private company are important persons given that through the Board of Directors (BoD) they have the power to make many key decisions as well as fulfil a number of important functions such as the execution of documents and agreements on behalf of the company.1 This article shall provide an overview of key issues relating to appointing and removing a director from a private limited company including how each can be accomplished and legal issues to consider before making such changes to the directorship. Appointing a director to a private limited company in Thailand A director can be appointed […]