Whereas the Arbitration Center Act B.E. 2550 requires the Thailand Arbitration Center to promote and enhance arbitration as well as administer procedures for dispute resolution through arbitration. By virtue of Section 18(5) of the Arbitration Center Act B.E. 2550, the
Category Archives: Laws
23
Apr
Apr
The Thai Arbitration Institute, the Office of the Judiciary was established, in 1990, to promote and develop arbitration as a dispute settlement mechanism for civil and commercial matters, and bring arbitration in Thailand to meet international expectation, alongside the judicial proceedings. Subsequently, the Constitution of the Kingdom of Thailand, B. E. 2540 provided that
23
Apr
Apr
Arbitration Act B.E. 2545 (2002) His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is deemed expedient to reform the law concerning arbitration. Be it, therefore, enacted by the King, by and with the advice and consent
02
Apr
Apr
His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to revise the law on foreign businesses; Whereas it is aware that this Act contains certain provisions in relation to then restriction of rights and liberties of persons, in
Laws
Fraudulent Transfer to Avoid Debt Enforcement: Key Insights from Supreme Court Judgment No. 7430/2568
24
Mar
Mar
In an important ruling, the Thai Supreme Court Judgment No. 7430/2568 reaffirmed strict legal consequences for debtors who attempt to evade enforcement of a judgment by transferring their assets to third parties. This decision provides valuable guidance for both creditors seeking to enforce judgments and debtors navigating legal obligations. Key Facts The co-plaintiff was
Laws
Board of Investment Announcement No. 3/2569 Re: Investment Stimulus Measures for Economic Recovery
16
Mar
Mar
With reference to the Board of Investment Announcement No. 8/2565 dated 8 December 2022 regarding the Investment Promotion Policies and Criteria, in order to encourage large-scale entrepreneurs to undertake actual investments in major projects in Thailand in greater numbers; By virtue of Sections 16 and 35 of the Investment Promotion Act B.E. 2520 (1977)
Laws
Board of Investment Announcement No. 5/2569 Re: Measures to Promote Joint Ventures Between Thai and Foreign Companies in Automotive Parts Manufacturing
16
Mar
Mar
With reference to the Board of Investment Announcement No. 8/2565 dated 8 December 2022 regarding Investment Promotion Policies and Criteria, and the Board of Investment Announcement No. 9/2565 dated 8 December 2022 regarding Investment Promotion Measures for Industries Important to National Development; In order to encourage and support foreign entrepreneurs in the automotive parts
