When the Registrar strikes a company off the register, the entity loses its legal personality — but the obligations it owes to creditors do not simply disappear. Thai law provides a route to restore a struck-off juristic person, reviving its status so that claims can be pursued and remaining assets administered.
Grounds and standing to apply
An application for restoration may be brought by the company, a director, a shareholder, or any creditor or interested party able to show a legitimate interest. The applicant must satisfy the court that restoration is just and serves a genuine purpose — typically the recovery of a debt or the realisation of assets that remain unadministered.
Procedure and practical timeline
The petition is filed with the competent court, supported by evidence of the strike-off, the applicant’s interest, and the grounds relied upon. Once restored, the company is treated as having continued in existence as if it had never been struck off, and proceedings may continue against it. In practice, creditors should act promptly, as delay complicates enforcement and asset tracing.