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Companies Act 2006

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Point in time view as at 31/12/2020.

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Companies Act 2006, Section 591 is up to date with all changes known to be in force on or before 13 January 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

591Enforceability of undertakings to do work etcU.K.
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(1)An undertaking given by any person, in or in connection with payment for shares in a company, to do work or perform services or to do any other thing, if it is enforceable by the company apart from this Chapter, is so enforceable notwithstanding that there has been a contravention in relation to it of a provision of this Chapter or Chapter 6.

(2)This is without prejudice to section 589 (power of court to grant relief etc in respect of liabilities).

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