is adjudged to be bankrupt by the Civil Court. Court ruling as of 18 November 2008. Black Case No. Lor.For. 5/1998. Red Case No. Lor.For. 5/1998. http://www.led.go.th/ (English Translation) Page 14 The
seeking an approval to act as a mutual fund manager shall not possess any of the following prohibited characteristics: (1) Being a bankrupt; (2) Having been imprisoned by a final court judgment for an
following prohibited characteristics: (1) Being a bankrupt; (2) Having been imprisoned by a final court judgment for an offense relating to property committed with dishonest intent; (3) Having been an
property is completely vested in a new trustee; (2) in cases where the trustee is dissolved or liquidated or suspended from its undertaking of any business or bankrupt, a receiver, a liquidator or any other
undertaking of any business or bankrupt, a receiver, a liquidator or any other person empowered by law to act in the similar capacity as the aforementioned persons, as the case may be, shall undertake necessary
defendant’s total assets. Later, on November 30, 2017, the Court issued a judgment for the debtor to go bankrupt. Currently, the official receiver has seized some of the debtor’s assets and is waiting for
becomes bankrupt. However, the case has currently been considered by the Central Bankruptcy Court and the progress will be announced and informed through the Stock Exchange of Thailand on due course. In