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United Kingdom legislation From Wikipedia, the free encyclopedia
The Companies Act 1862[1] (25 & 26 Vict. c. 89) was an Act of the Parliament of the United Kingdom regulating UK company law, whose descendant is the Companies Act 2006.
Act of Parliament | |
Long title | An Act for the Incorporation, Regulation, and Winding up of Trading Companies and other Associations. |
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Citation | 25 & 26 Vict. c. 89 |
Dates | |
Royal assent | 7 August 1862 |
Other legislation | |
Repeals/revokes |
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Amended by |
Under section 167 of the Companies Act 1862 one of the functions of a liquidator was to bring criminal proceedings against directors and others who were alleged to have committed offences in relation to the company.[9]
In the song "Some seven men form an association" in Gilbert and Sullivan's Utopia, Limited, King Paramount reforms the island of Utopia into a limited-liability company under the provisions of the Companies Act.[citation needed] However, in the operetta, it is instead referred to as "the Joint Stock Companies Act of sixty-two," perhaps also alluding to the Joint Stock Companies Act 1844 which was referenced in their previous opera, The Gondoliers.[citation needed]
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