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Juristic Person Setup & Annual General Meeting Coordination

setting up juristic person

Magna Carta’s team of lawyers offer advice and services related to AGM and the set-up of Juristic Persons for Condominium and housing projects. We also cover its registration with the Land Department and other related government agencies.

 

SET UP OF JURISTIC PERSON

A Juristic Person is a body of persons, a corporation, a partnership, or other legal entity recognized by law to have legal rights and to perform certain duties. The Condominium Juristic Person, by its committee and manager, assumes responsibilities for taking care of communal facilities such as communal swimming pool, garden area, and other shared parts of the condominium project. They are also responsible to maintain condominium order and cleanliness throughout the condominium for the benefit of all the residents and co-owners.

 

CONDUCTING ANNUAL GENERAL MEETING (AGM)

Annual General Meetings (AGM’s) are an extremely significant procedure for the operations of a Condominium Juristic Person.

We can help both developers and co-owners to clarify important matters of the past and the continuing management of your condominium.

OUR SERVICES INCLUDE:

PREPARATION AND SENDING THE INVITATION LETTER FOR THE MEETING

Our Team will prepare appropriate and legal procedure to make sure that everything is accurate.  We will also make sure to meet all  the deadlines.

VOTING RIGHTS

According to Thai Law, all co-owners are automatically given legal rights to vote on any item intention on the agenda for the meeting.  Magna Carta will make sure to prevent any confusion and that every co-owner will then have their full legal rights to vote.

MEETING HOST

Magna Carta provides an experienced team with English and Thai speakers to host and run the entire meeting.  Therefore, we will ensure that all important information is given and all topics on the agenda are duly addressed.

OFFICIAL REGISTRATION OF THE MINUTES OF THE MEETING

Lastly, the most important step is to register the minutes of the meeting at the Land Office. This is in order to legally enforce its decisions.  Therefore, our team will draft accurate minutes of the AGM and then cooperate with the Condominium Juristic Person for its official registration.