Natural Park rulings
The Securities and Exchange Commission has ordered Natural Park to submit and publicise verdicts given several years ago by the Central Bankruptcy and Supreme courts tomorrow.
Natural Park had reported to the Stock Exchange of Thailand that it went bankrupt after creditor Ocean Insurance filed a lawsuit against it. After the company completed its rehabilitation plan, the Central Bankruptcy Court ordered the case dismissed and read the Supreme Court's March 5, 2003, judgement cancelling the rehabilitation plan. However, the Supreme Court's ruling had no effect on the company, as it had already paid it debts to all of its creditors.
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