Connected Transaction (granted financial assistance) and impact on the submission of the petition requesting for entering into business rehabilitation plan of G Steel Public Company Limited To: President The
. However, on December 24, 2018, the Central Bankruptcy Court had made an order to dismiss the rehabilitation petition of GSTEL, as a result, GSTEL is able to repay the loan as normal but due to GSTEL’s
petition with the Southern Bangkok Civil Court, Black Case No. Por 101/2567, dated 18 January 2024. The petition sought the Court’s order to revoke a share swap contract whereby NUSA shareholders would
regulations.* For example:• Shareholders’ equity falls below 50 percent of the paid-up capital with discount on share capital deducted;• Filing a rehabilitation petition under the Bankruptcy Act and the Court
able to repay the loan within the loan tenor. This financial support was deemed as connected transaction according to the Notification of the Connected Transaction which has detail as follows; Total
delayed disclosure in other cases, it was apparent that POLAR had an intention to conceal material facts from the public; when the company filed a petition for business rehabilitation on 9 May 2017, it
Court of First Instance and the Supreme Court. Then the defendant filed a petition to suspend the execution on July 26, 2019. The current procedure is in the process of submitting the petition and a copy
counsel of the plaintiff Plaintiff and the counsel of the plaintiff are able to conduct the case in such a way to justly and sufficiently protect the right of the class of persons.5 The plaintiff shall
the appeal court are to be waived.” In this case, after the Appeal Court made judgment, the defendant submitted a petition against the judgment of the subordinate court and appeal court, to relieve the
and Android systems on mobile phones Nevertheless, Blue Finix was not able to increase the number of customers to achieve the revenue targeted resulting that the business is not in accordance with the