Section 1 enabled a company to be made bankrupt in the same way as an individual.
A debtor can only enter into it after they have been made bankrupt.
Brian was made bankrupt toward the end of his career.
If you are made bankrupt, your personal and business assets may be lost.
He was made bankrupt for a fourth time in 1939.
Several of the smaller companies were made bankrupt as they survived on very small margins.
The service ended in 1711 when Dummer was made bankrupt.
If it is a general partnership, all the partners are made bankrupt.
In China, as you must know, only very rarely is anyone made bankrupt.
The result was that Charles and some of his brothers were also made bankrupt in the following years.