rehabilitation process under the Bankruptcy Law B.E. 2483. The decision is hoped to be the solution to TSFC?s severe financial difficulty as it would bring about creditor protection and reduced constraints in the
rehabilitation process under the Bankruptcy Law until February 12, 2009 and ordered TSFC to inform all clients of their right to withdraw excess collateral pledged with the company. Earlier TSFC board of directors
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
On 23 April 2024, the Central Bankruptcy Court issued an order to JKN for the business rehabilitation and appointed JKN as the plan administrator on 29 August 2024. Pursuant to the Bankruptcy Act
In the current context of business rehabilitation, there is a more diverse range of guidelines for restructuring debts or funds of Rehabilitation Listed Company. Therefore, to ensure that the
The SEC, having been informed of the progress of the company’s plan for fund raising with the new investors in which a business rehabilitation petition must be filed with the Court, has instructed
Re: Criteria, Conditions, and Procedure for Application for Waivers for Making Tender Offers for All Securities of Businesses with Objective of Assisting Business Rehabilitation (No. 2)
Re: Criteria, Conditions, and Procedure for Application for Waivers for Making Tender Offers for All Securities of Businesses with Objective of Assisting Business Rehabilitation
rehabilitation to the Central Bankruptcy Court. In this regard, DMF viewed that in the process of rehabilitation under the Bankruptcy Act, a rehabilitation plan preparer and a plan administrator will take control