Day: July 19, 2023

One of the key legal compliance requirements for a company limited in Thailand is to hold an annual general meeting of shareholders, otherwise known as an ‘AGM’. This type of shareholder meeting is considered as an ‘ordinary’ meeting of the shareholders rather than an extraordinary meeting of shareholders (EGM) and every shareholder has the right to be present at such meeting. This article shall discuss various key issues which are important when planning and holding an AGM, including the main process steps in holding an AGM, notice requirements and what an AGM should cover at a minimum.   When an AGM must be held? In relation to when an AGM must be held, the Civil & Commercial Code (CCC) provides that “a general meeting of shareholders shall be held within six months after the [company’s] registration, and shall subsequently be […]