in the business rehabilitation process under the Bankruptcy Act of 1940. There are measures in place to oversee the asset management for normal business operations under the Central Bankruptcy Court
, (8) Trading across Borders, (9) Enforcing Contracts, and (10) Resolving Insolvency. In conducting the assessment, the World Bank takes into consideration governing laws and associated regulations, as
, securities regulation, accounting and auditing standards, insolvency law, contract law, labour law and tax law. Corporate governance practices of individual companies are also often influenced by human rights
The SEC’s inspection on the operation of Huobi as a digital asset exchange operator during February 2021 - March 2021 detected deficiencies and insufficiency in Huobi’s management structure and
On 8 November 2023, JKN filed a petition for business rehabilitation with the Central Bankruptcy Court. The Court issued an order accepting the rehabilitation petition on the following day, resulting
Department after the Central Bankruptcy Court had ordered POLAR to be placed under absolute receivership. The receiver then decided that the five directors were no longer qualified as company directors
financial officer, failed to report to the Stock Exchange of Thailand (SET) and the SEC that the company had been filed for bankruptcy by its creditors on 8 May 2017 and later became under the Court's
managing the assets possessed by the intermediary under receivership in accordance with the Bankruptcy Law . Clause 5 In proceeding with the actions under Clause 4(1), the official receiver shall render
managing the assets possessed by the intermediary under receivership in accordance with the Bankruptcy Law. Clause 5 In proceeding with the actions under Clause 4(1), the official receiver shall render
managing the assets possessed by the intermediary under receivership in accordance with the Bankruptcy Law. Clause 5 In proceeding with the actions under Clause 4(1), the official receiver shall render