What does "Bankrupt" status mean?

Name: Company Data: The Benjama Insurance Company Limited
Creator: ThaiBizIndex
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"Bankrupt" means the company has been declared bankrupt by the court due to insolvency.

บริษัท เบ็ญจมประกันภัย จำกัด

THE BENJAMA INSURANCE COMPANY LIMITED

0105496002850 Company Limited

Bankrupt Est. 73 years ago

Address from juristic person registration

191 ถนนทรงวาด เขตพระนคร กรุงเทพมหานคร 10200