Ltd - A Meeting For Preparation Of The Financial Statements

[iliailiailiailia]

Is it mandatory for a "LTD", to prepare the financial statements each year, to make.

And general meeting of all shareholders to hold.

And a bank account in the name of the "ltd" to have.


I am a shareholder of 40%, but have never been invited to a meeting and do not know of a bank account on the name of the "LTD" (which would not exist according to the manager {Manager = Ex -girlfriend})

[Sunbelt Asia]

While it is not mandatory that the company have its own bank account it is legally required for regular shareholder meetings to be held.

Under Section 1171, The first shareholder’s meeting (the General Meeting) must be held within six months after the establishment of the company, and then subsequently at least once in every twelvemonths. This is called an Ordinary Meeting.

Additionally, the Thai government requires the filing of annual audits from the company. If you wish, Sunbelt Asia can check to see if these audits are being filed. Additionally, we can request a shareholders list and contact them directly to call a meeting and have her voted out.

Also, if you did not sign a share transfer agreement and she has removed you from the shareholders list it is possible to file acriminal complaint against her with the police.

Please contact us by personal message if you wish to move against your ex-girlfriend in the company.

[sunbeltlegal][/sunbeltlegal]