Prajadhipok

“ Section351.If any limited company buys its own shares or accepts the pledge of a share in a manner contravening the provisions of the Civil and Commercial Code's section 1143, or neglects to observe the provisions of section 1125, which deals with the shares that should be forfeited, Lord says that the company be held guilty and be punished with a fine of not over ten baht per each share which has been bought, kept, or sold in such an improper manner. ”