rectified and audited/reviewed financial statements by October 27, 2014.The Supreme Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business
first MOA is for cooperation in monitoring and oversight of fund mobilizing companies or capital market business operators, entering the rehabilitation process or involved in a bankruptcy case pursuant to
records and its disclosure of liabilities in the financial statements as previously reported in the application for business rehabilitation. The results of the special audit must be disclosed within 30
, the Board of Directors meeting approved the submission of the petition requesting for entering into business rehabilitation plan. Later the Central Bankruptcy court accepted the petition for the
conversion. On 13 November 2017, the Board of Directors meeting approved the submission of the petition requesting for entering into business rehabilitation plan. Later the Central Bankruptcy court accepted
meeting for the consideration of the business rehabilitation petition. This incident played a role in the resignation of some JKN directors. In this regard, JKN explained that the decision not to send a
rehabilitation process only upon the court’s formal acceptance of the rehabilitation petition for consideration. The Notification specifying the above regulations* has been published in the Government Gazette
, funding portals are responsible for disseminating such information and updating investors on any developments; (2) Requiring CFD issuers to report entering the business rehabilitation process only
company under Section 4 which issued debt securities. “Rehabilitation” means a company which has any one of the following characteristics: (1) being a company that the Thai court or the Foreign court has
and services to propel recognition of Thailand?s innovation and creativity worldwide.Vorapol Socatiyanurak, SEC Secretary-General said that the SEC has encouraged creative-based businesses, such as