A contract with a company to take up and pay for any debenture of the company may be enforced by an order for specific performance.
Companies and Allied Matters Act 2020 · Part B · Chapter 9
Section 195Enforcement of contracts relating to debentures
Cite as: Companies and Allied Matters Act 2020, section 195
What this section means
From the guide: Debentures, floating charges and debenture trust deeds under CAMA 2020
Sections 191 to 214 and 232 to 233 cover borrowing, debentures, fixed and floating charges, trust deeds and enforcement.
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Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.