What does "Dissolved" status mean?

Name: Company Data: S&B Powertrade Co., Ltd.
Creator: ThaiBizIndex
License: https://www.thaibizindex.com/disclaimer

Question

Accepted Answer

"Dissolved" (เลิก) status means the company has been formally dissolved, either by shareholders' resolution, court order, or other legal grounds.

S&B POWERTRADE CO., LTD.