The Joint Stock Companies Winding-Up Act 1844 (7 & 8 Vict c 111) is an
Act of Parliament
Acts of Parliament, sometimes referred to as primary legislation, are texts of law passed by the Legislature, legislative body of a jurisdiction (often a parliament or council). In most countries with a parliamentary system of government, acts of ...
of the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
.
Section 1 enabled a company to be made bankrupt in the same way as an individual. The result was that remedies were available only against a company's property.
See also
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UK insolvency law
United Kingdom insolvency law regulates companies in the United Kingdom which are unable to repay their debts. While UK bankruptcy law concerns the rules for natural persons, the term insolvency is generally used for companies formed under the ...
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UK bankruptcy law
Bankruptcy in the United Kingdom is divided into separate local regimes for England and Wales, for Northern Ireland, and for Scotland. There is also a UK insolvency law which applies across the United Kingdom, since bankruptcy refers only to inso ...
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History of bankruptcy law
The history of bankruptcy law begins with the first legal remedies available for recovery of debts. Bankruptcy is the legal status of a legal person unable to repay debts.
Ancient world
In Ancient Greece, bankruptcy did not exist. If a man owed ...
Notes
{{UK legislation
Insolvency law of the United Kingdom
United Kingdom Acts of Parliament 1844