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Byline: Busrin Treerapongpichit
Feb. 2--The legal battle to win control of the country's largest petrochemical complex, Thai Petrochemical Industry Plc (TPI), will continue after the Central Bankruptcy Court yesterday postponed a hearing on its request to exit debt rehabilitation.
The court is scheduled to resume on April 18.
The court, led by the director-general Nualthip Chatchaisakul, said yesterday that since some cases relevant to TPI's rehabilitation plan had not been ruled, the company should not be allowed to exit the plan just yet.
In particular, the court was still considering whether the e-auction of 250 million shares of ...