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

account of the customer. SECTION 37. In cases where a court orders to accept a customer’s petition for business reorganization or orders the receivership of a customer in a bankruptcy case, the official

ต้องครอบคลุมความเสี่ยงทุกกรณี กล่าวคือ ขั้นต่ำต้องครอบคลุมกรณี (1) ล้มละลาย (bankruptcy) (2) ไม่สามารถชำระหนี้ได้ (failure to pay) และ (3) ปรับโครงสร้าง (restructuring) 7. คณะกรรมการบริษัทหรือคณะกรรมการ

shall not be deemed as bankruptcy estate or property in liquidation, as the case may be. Chapter 5 Termination of Trust _____________ SECTION 51 A trust shall come into termination as specified in the

issuing company under business reorganization plan that approved by the court under law on bankruptcy or debt restructuring agreement; 4. shareholders of issuing company in accordance with previous

shareholders’ meeting resolution of the securities issuer; 3. a creditor of a securities issuer according to the rehabilitation plan approved by the court under the bankruptcy law or the debt restructuring

(Translation) PAGE 112 (Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as...