https://www.taxtmi.com/caselaws?id=99579 Section 633(2) relief is confined to defaults arising from company affairs as contemplated by the parent provision and does not extend to relieve an officer from liability for failing to comply with a competent court's direction issued after conviction under the provisions governing filing of returns; consequently the court lacks jurisdiction to grant anticipatory relief against non compliance with such judicial directions. Independently, an applicant must establish that he acted honestly and reasonably; failure to file statutory cessation notices, pleading guilty and offering uncorroborated excuses denied the claim of honest and reasonable conduct, so relief was refused on the merits. en-us Mon, 26 Jun 1978 00:00:00 +0530 Fri, 27 Jan 2012 18:38:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99579 Section 633(2) relief is confined to defaults arising from company affairs as contemplated by the parent provision and does not extend to relieve an officer from liability for failing to comply with a competent court's direction issued after conviction under the provisions governing filing of returns; consequently the court lacks jurisdiction to grant anticipatory relief against non compliance with such judicial directions. Independently, an applicant must establish that he acted honestly and reasonably; failure to file statutory cessation notices, pleading guilty and offering uncorroborated excuses denied the claim of honest and reasonable conduct, so relief was refused on the merits. Case-Laws Companies Law Mon, 26 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99579