Power of Court to grant relief in certain cases.

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..... the negligence, default, breach of duty, misfeasance or breach of trust, but that he has acted honestly and reasonably, and that having regard to all the circumstances of the case, including those connected with his appointment, he ought fairly to be excused, the Court may relieve him, either wholly or partly, from his liability on such terms as it may think fit: [1] [Provided that in a .....

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..... nt any relief to any officer under sub-section (1) or sub-section (2) unless it has, by notice served in the manner specified by it, required the Registrar and such other person, if any, as it thinks necessary, to show cause why such relief should not be granted.] ---------------------------------------- Notes:- [1] Inserted by the Companies (Amendment) Act, 1960, Act 65 of .....

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