Page 17 - พระราชบัญญัติล้มละลาย ฉบับที่9 2559
P. 17

Vol. 133 Part 46 Gor      Government Gazette          24 May B.E. 2559


                 Section 90/103  The provisions of Section 90/11 shall apply mutatis mutandis to the
         Court’s enquiry into the petition.
                 Section 90/104  Commencing from the date the Court ordered for acceptance of the
         petition for consideration up until the due date of the  implementation period of the Plan, or the
         date the Plan was implemented completely, or the date the Court ordered for dismissal of the
         petition or disposal of the case, revocation of the order for business reorganization and approval
         of the Plan, or cancellation of business reorganization under the provisions of this Chapter.
                 (1)  Any filing of a lawsuit or an application with the Court for judgment or dissolution
                    of a juristic entity of the debtor is prohibited. If there was a prior lawsuit or a prior
                    application  filed  with  the  Court  for  the  so-doing,  the  Court  shall  stay  its
                    adjudication of such the lawsuit;
                 (2)  A Company Registrar shall not issue an order for dissolution or deregistration of the
                    juristic entity-debtor and any other way of dissolution of that juristic entity is prohibited;
                 (3)  A  civil  lawsuit  against  the  debtor  respecting  the  property  of  the  debtor  and
                    a proposal for resolution of a dispute to an arbitrator respecting the liability of or
                    damages to the debtor are prohibited in the case that the debt was incurred prior
                    to the Court’s order for business reorganization and approval ofthe Plan.  The debtor
                    is also prohibited from being a respondent in a bankruptcy case.  A prior lawsuit filed
                    with the Court or a prior proposal for resolution of a dispute made to an arbitrator
                    shall be stayed, unless the Court accepting the petition orders otherwise;
                 (4)  Execution of the Court’s judgment against the debtor’s property is prohibited
                    if  the  debt  was  incurred  prior  to  the  date  of  the  Court’s  order  for  business
                    reorganization and approval of the Plan.  In the event that execution of the Court’s
                    judgment is already underway, the Court shall stay its execution of that judgment,
                    unless the Court accepting the petition orders otherwise, or the execution of the
                    judgment has been completed before the official executing the judgment is made
                    aware of the fact that the petition was submitted, or the execution of the Court’s
                    judgment compelling the debtor to deliver certain property has been completed
                    before that date.
                 In  the  event  that  the  seized  or  attached  property  is  perishable,  or  if  there  is  any
         retention, and any damage or expenses may exceed the value of that property, the official
         executing the judgment shall sell the property by auction or by any other appropriate method.
         These monies shall be retained.  If the Court orders for business reorganization and approval
         of the Plan, the official executing the judgment shall deliver the monies to the Plan Executor for
         expenditure.  If  the  Court issues an order for dismissal of the petition, disposal  of the case,  revocation
         of the order for business reorganization and approval of the Plan, or cancellation of the business
         reorganization, the official executing the judgment shall pay monies to a judgment creditor(s).
                 (5)  A secured creditor is prohibited from enforcing debt payment against the secured
                    property, unless permission is obtained from the Court accepting the petition;
                 (6)  A  creditor  with  lawful  permission  to  enforce  debt  payment  is  prohibited  from
                    seizing or selling the property of the debtor;

                      คู่มือพระราชบัญญัติล้มละลาย  15  BANKRUPTCY ACT
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