bonds upon any occurrence of the following events: (1) the Thai government agencies are subject to the court’s receiving order or declared by the court as insolvent entity; (2) the Thai government

of debt repayment under the bonds upon any occurrence of the following events: )1( the issuer is subject to the court’s receiving order or declared by the court as insolvent entity; or )2( the issuer

the following events: (1) the foreign entity is subject to the court’s receiving order or declared by the court as insolvent entity; or (2) the foreign entity is under a liquidation process for

have any of the following prohibited characteristics: (1) having deficiency in legal competence, for instance, being an insolvent person, incompetent or quasi-incompetent person; (2) having or plausibly

becoming insolvent as a prerequisite. After a debtor has defaulted on credit obligations, he/she may submit a request to the court for proceeding with reorganization. This change provides a greater

subject to the court’s receiving order or declared by the court as insolvent entity; (2) the issuer is under a liquidation process for dissolution; (3) any other case approved by the SEC Office. Clause 32

competence, for instance, being an insolvent person, incompetent or quasi-incompetent person; (2) having or plausibly having any of the following behaviors. In this regard, the SEC Office would deliberate