https://www.taxtmi.com/caselaws?id=98701 Relief under section 633(2) of the Companies Act, 1956 is confined to negligence, default, breach of duty, misfeasance, or breach of trust, and depends on showing honest and reasonable conduct together with circumstances making it fair to excuse the lapse. The power is discretionary and should be exercised only on admitted or patent facts that clearly support those requirements. Allegations involving forgery-related conduct and cheating under the Indian Penal Code fall outside its scope, and where the material does not permit separation of covered company-law defaults from excluded criminal allegations, relief is not appropriate. On that basis, the application failed. en-us Wed, 11 Mar 1970 00:00:00 +0530 Sat, 21 Jan 2012 16:48:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98701 Relief under section 633(2) of the Companies Act, 1956 is confined to negligence, default, breach of duty, misfeasance, or breach of trust, and depends on showing honest and reasonable conduct together with circumstances making it fair to excuse the lapse. The power is discretionary and should be exercised only on admitted or patent facts that clearly support those requirements. Allegations involving forgery-related conduct and cheating under the Indian Penal Code fall outside its scope, and where the material does not permit separation of covered company-law defaults from excluded criminal allegations, relief is not appropriate. On that basis, the application failed. Case-Laws Companies Law Wed, 11 Mar 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98701