Not exact matches
Since the consideration for this acquisitions is an
issuance of newly issued preferred shares which will be listed on the Stock Exchange of Thailand, the preferred shares are consisted of special features such as (a) accumulative dividend for year 1 - 5th; (b) convertible to ordinary shares
after year 5th; and (c) the voting
right is one share for one vote but may be decreased
after the 5th year (if there is no unpaid accumulative dividend).
Upon
issuance of judgment [for punitive damages], the state shall have all
rights due a judgment creditor until such judgment is satisfied and shall stand on equal footing with the plaintiff of the original case in securing a recovery
after payment to the plaintiff of damages awarded other than as punitive damages.»)
§ 51 -12-5.1 (e)(2)(«Upon
issuance of judgment [for punitive damages], the state shall have all
rights due a judgment creditor until such judgment is satisfied and shall stand on equal footing with the plaintiff of the original case in securing a recovery
after payment to the plaintiff of damages awarded other than as punitive damages.»).
Subsequently, if there is a claim made
after 3 years post the commencement of risk or
issuance or reinstatement of the policy, the insurance service provider loses the
right to cancel the policy on the basis of false statements made in the insurance form.