Showing 11-12 of 12 results
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Directors' liability: impact of new law on public limited companies (Part III)
Business, Wirot Poonsuwan, Published on 18/04/2017
» The Directors' Liability Amendment Act 2017, amending 76 other statutes and effective in February this year, does offer better protection -- if and only if you are a company director and executive of a private limited company.
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Some Credit-Card debts never die if customers aren't careful
Business, Wirot Poonsuwan, Published on 23/01/2012
» The statute of limitations for credit-card debt _ a time limit within which the bank must sue the debtor _ is two years from the date following the debtor's default on payment. Failure by the bank to sue past the expiration date will end its right to enforce the debt and free the debtor from the debt burden. A number of debtors, however, continue to pay bills after debts expire, unknowingly bringing their accounts back to life and exposing themselves to the risk of lawsuits once again.
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