What does "Under Receivership" status mean?

Name: Company Data: Pitiporn N.A.T. Enterprises Company Limited
Creator: ThaiBizIndex
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Question

What does "Under Receivership" status mean?

Accepted Answer

"Under Receivership" means the court has issued a receivership order and all company assets are under the control of the official receiver.

PITIPORN N.A.T. ENTERPRISES COMPANY LIMITED