565. Enforceability of undertakings to do work etc

Past version: effective from 29/04/2020 - 28/04/2020
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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 5.
(2) This is without prejudice to section 563 (power of Court to grant relief etc in respect of liabilities).