Investment in The Stock Exchange of Thailand In case of default on bond repayment

Abstract

Class Action There was an amendment to the Civil Procedure Code in 2015. Litigation involving a large number of victims has a lot of complexity and burden in terms of expenses. The court's judgment is binding only on the parties involved. In practice, each injured party must be the plaintiff and file their own lawsuit in several separate cases or may join together to file a common civil lawsuit as far as the group can be grouped together. There will be difficulties and problems in practice for both litigants and the court. For class actions according to Thai law, it is prosecution by a group of people having the same rights based on the same facts and principles of law. It can be seen that class action lawsuits are a justice process that can help remedy damages caused by liability under the law on securities and exchange where there are often many victims in the same incident, as often appears in the news, such as cases arising from where the company issuing the bond has defaulted on paying the debt according to the bond.