HoonSmart.com >> POLAR HOLDER !!! The Central Bankruptcy Court ruled "bankruptcy annulment" as a result of the assets amounting to 4 836 million baht, more than 3 million baht.
Mr Anuwat Tantisawekul, Director of Polaris Capital (POLAR), disclosed that on 6 August 2019, the Central Bankruptcy Court issued an order authorizing the company's "bankruptcy". According to section 135 (2) of the Bankruptcy Law BE 2483, according to the report of the Official Beneficiary of 5 August 2019.
POLAR was ordered by the Central Bankruptcy Court on December 3, 2017 and on August 5, 2019, the official recipient made a report to the court that there were 12 creditors filed to pay debts on the assets of the Company.
Subsequently, the official recipient ordered the right to receive only 2 debtors with a debt of 3 million baht. There will be approximately 527 million baht) and the value of the assets of the company The controller has collected about 4 836 million baht
Therefore, the official recipient considers this the assets of the company that can collect the controller More than the amount of debt that the lender has the right to receive payments from the assets of the company Therefore the company should not be sentenced to bankruptcy