Month: April 2023

Before a company’s shareholders decide to amend their company’s articles of association (AoA), there are a number of issues which should be carefully considered. This article shall discuss a number of matters relating to amending a company’s AoA including key issues that a Company’s shareholders and directors should be mindful of when implementing such change.   Legal Compliance of Proposed Changes to AoA Firstly, it is necessary to ensure that the proposed amendments to the AoA comply with the Thai Civil and Commercial Code (CCC) as well as the company’s Memorandum of Association (MoA). If the proposed amendments are contrary to Thai law or the MoA then if they are later challenged they could be struck out by the Thai courts.[1] It would also be sensible to see if the CCC already provides for the proposed amendment as this would […]