IBC泰國法律金融會計事務所International Business Consultancy

Introduction of Corporate Reorganization in Thailand

泰國企業重組介紹

When a company is running out of business, there are several solutions. One is to apply for bankruptcy petition, which we have introduced in previous article, another is through reorganization. The purpose of reorganization is to keep debtors from serious crisis and to ensure creditors to receive repayment.

當一家公司瀕臨倒閉時，有幾種解決方案，一種是申請破產，我們之前有介紹過泰國申請破產(延伸閱讀: Bankruptcy in Thailand 泰國破產介紹)，另一種是進行重組。重組的用途可使債務人免受嚴重危機的影響，並確保債權人收到還款。

In Thailand, reorganization is regulated under Bankruptcy Act B.E. 2559 (2016). According to this Act, the creditor, debtor or State agency may file a petition when a company owes no less than ten million Baht, or an SME (such as individual and a group) owes between 2 million~3 million Baht (depending on the type of debtor). The reorganization petition should be filed to the Bankruptcy Court in Thailand with payment of Court fee and security money. On the other hand, if the Court refuse the petition, an appeal can be filed to Supreme Court.

泰國重組相關規定由佛曆2559年（2016）《泰國破產法》記載。該法規定當公司的債務不少於一千萬泰銖、或中小企業（例如個人和團體）的債務在200萬至300萬泰銖之間（視情況而定），債權人、債務人或國家機關可提出重組請求。聲請重組應提交至泰國破產法院，並支付法院費和保證金；另一方面，如破產法院駁回聲請，可向最高法院上訴。

Once the petition is filed, the petitioner may not withdraw it unless receiving permission by the Court. But if the Court has issued an order, the petition isn’t permitted to withdraw. Once the Court approves the application, it gives debtor protection by declaring restrictive ability of creditors. For example, it prevents any type of legal procedure against the company, and prevents creditors from filing dissolution or bankruptcy petitions.

提出重組聲請後，除非法院同意，否則不得撤回；如法院核准聲請，則不允許撤回。法院核准重組請求後，藉由限制債權人的能力保護債務人，例如，阻止針對公司任何類型的法律程序，並防止債權人提出解散或破產申請。

After approval of the application, creditors are required to select a plan preparer to draft a rehabilitation plan and this person must be approved by Court. Such plan preparer may be a natural person, a juristic person, a group of persons, a creditor or the debtor’s executive. Once the planner is appointed, the reorganization order will be published in Government Gazette and in two widely circulated daily newspapers. All creditors must submit their claim within one month from publication date.

重組聲請核准後，債權人必須選擇計劃人來擬定重建計劃，這位人選必須得到法院同意。計劃人可以是自然人、法人、一群人、債權人或債務人的執行人。計劃人被任命後，重組命令會公告在政府公報和兩份較常見的報紙上。所有債權人必須在公告日起一個月內提出賠償申請。

When all applications are submitted, debtor, creditors, and planner have the right to review and/or object applications which will be deemed to be invalid. And that the plan preparer must draft the plan submitted to creditors for their consideration within three months. After all creditors agree with the plan, it should be sent to Court for approval. Once it is approved, the plan shall be implemented within five-year’s time frame.

所有賠償申請都提交後，債務人、債權人和計劃人有權進行審查，且/或被駁回的申請會視為無效。之後計劃人必須在三個月內起草提交給債權人的計劃以進行評估。所有債權人同意計劃後，應將送交法院批准，核准之後將在五年內實施。

An application for reorganization will be refused when:

聲請重組可能會被拒絕原因為:

• the Court has issued an absolute receivership order against the debtor; or 

      法院已對債務人發出絕對接管令 ；或

• the Court or the registrar has ordered a dissolution or revocation of the registration of juristic person of the debtor, a registration of dissolution of such juristic person is made, or the juristic person must be dissolved for other reasons.

                 法院或審查員已下令解散或撤銷法人債務人 、該法人的解散已確認、或法人必須出於其他原因解散。

After the plan has been implemented for a while and is proved successful, such report can be delivered to Bankruptcy Court and to request for termination of the plan.

計劃實施了一段時間且為成功後，可將報告提交泰國破產法院並要求終止計畫。

IBC International Business Consultancy is a law firm located in Bangkok, Thailand with experienced lawyers, accountants, and financial advisers. We provide services including investment, tax and legal advice in Thailand.

IBC泰國法律金融會計事務所 (International Business Consultancy) 為一間位於曼谷的泰國律師/會計師事務所，由經驗豐富的律師、會計師、及財務顧問組成，可提供泰國投資、泰國稅收及泰國法律諮詢等服務。