1157 Power of court to grant relief in certain cases
Companies Act 2006 | Legislation

1157  Power of court to grant relief in certain cases

(1)     If in proceedings for negligence, default, breach of duty or breach of trust against—

(a)     an officer of a company, or

(b)     a person employed by a company as auditor (whether he is or is not an officer of the company),

it appears to the court hearing the case that the officer or person is or may be liable but that he 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,

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