Skip to main content

Doing Business in Thailand

20. Chapter 20 - Insolvency

Language
English
Date of Publication
February 08, 2024

Insolvency matters in Thailand are regulated by the Bankruptcy Act, B.E. 2483 (1940) as amended (the “Bankruptcy Act”). The authoritative body that wields judicial power in these matters is the Central Bankruptcy Court (the “Court”). The core insolvency procedures are: (i) bankruptcy proceedings; and (ii) rehabilitation proceedings.