https://www.taxtmi.com/acts?id=17760 The court may relieve a corporate officer wholly or partly from liability for alleged negligence, default, breach of duty, misfeasance or breach of trust if the officer has acted honestly and reasonably and the court, considering all circumstances including appointment, deems relief fair; relief in criminal proceedings cannot extend to civil liability. The High Court may grant identical preemptive relief on application, and no relief may be granted unless the court has served notice requiring the Registrar and any other necessary persons to show cause why relief should not be granted. en-us Sat, 02 Mar 2013 16:46:19 +0530 Fri, 19 Dec 2025 15:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17760 The court may relieve a corporate officer wholly or partly from liability for alleged negligence, default, breach of duty, misfeasance or breach of trust if the officer has acted honestly and reasonably and the court, considering all circumstances including appointment, deems relief fair; relief in criminal proceedings cannot extend to civil liability. The High Court may grant identical preemptive relief on application, and no relief may be granted unless the court has served notice requiring the Registrar and any other necessary persons to show cause why relief should not be granted. Act-Rules Companies Law Sat, 02 Mar 2013 16:46:19 +0530 https://www.taxtmi.com/acts?id=17760