Page 29 - พระราชบัญญัติล้มละลาย ฉบับที่9 2559

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

Section 90/123 Any person who violates the provisions of Section 90/104 (8) shall be
liable to a fine not exceeding three hundred thousand baht, or shall be imprisoned for a term not
exceeding three years, or both.
Section 90/124 Any debtor or manager of the debtor who, in bad faith, conceals the
description of debts in essential substance, or declares outstanding debts due to the creditors
fraudulently in essential substance, that may cause damage to the creditors, shall be liable to a
fine not exceeding five hundred thousand baht, or shall be imprisoned for a term not exceeding
five years, or both.
Section 90/125 Any person who is aware of the business or any information of the debtor
under business reorganization through his performance of power and duty provided by this
Chapter, and in respect of which it is normal practice for the debtor under reorganization to keep
such undisclosed matter confidential, if that person discloses such confidential information for
whatever reason provided that the disclosure of the information is made under the duty or for the
interests of the business reorganization under this Chaper, that person shall be liable to a fine not
exceeding three hundred thousand baht, or shall be imprisoned for a term not exceeding three
years, or both.
Section 90/126 Any person who is a Plan Executor or temporary Plan Executor who
fraudulently performs or omits to perform his duties, or is in violation of or fails to comply with
the provisions of this Chapter, in an attempt to cause damage to the debtor or creditors, shall be
liable to a fine not exceeding five hundred thousand baht, or shall be imprisoned for a term not
exceeding five years, or both.
Section 90/127 Where an offender under this Chapter is a juristic entity, if its offence is
a result of an order or omission of the order, or a performance or omission of the performance
which falls within the duties of a director, manager, or any person responsible for the business
operation of that juristic entity, that offender shall be subject to punishment as provided for those
offences.
Section 90/128 The debtor and creditors shall also be deemed injured persons who
have suffered damages under the provisions of this Chapter.”

Countersigned
General Prayut Chan-ocha
Prime Minister

คู่มือพระราชบัญญัติล้มละลาย 27 BANKRUPTCY ACT