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of <h1>Directors of wire & cable company granted relief by Rajasthan High Court under Companies Act 1956</h1> The High Court of Rajasthan granted relief to directors and ex-directors of a wire and cable manufacturing company under section 633(2) of the Companies ... Powers of court to grant relief in certain cases The High Court of Rajasthan allowed the application under section 633(2) of the Companies Act, 1956, filed by directors and ex-directors of a company manufacturing wires and cables. The company had become sick and remained closed, with efforts made to revive it. The court relieved the directors from their duties for a period of two years due to the company's circumstances.
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