Note:- The reason for the promulgation of this Ministerial Regulation is as follows. Whereas section 54/1 of the Public Limited Companies Act, B.E. 2535 (1992) as amended by the Public Limited Companies Act (No. 2), B.E. 2544 (2001) allows the issuance of new shares for payment of debts under a debt-to-equity conversion plan in the case of the company’s debt restructuring provided that such issuance of new shares must be approved by a meeting of shareholders with the votes of not less than three-fourths of the total number of votes of the shareholders present at the meeting and entitled to vote and shall be in accordance with the rules and procedures prescribed in Ministerial Regulations, it is therefore necessary to issue this Ministerial Regulation.