Halsbury 's Laws of England (Fourth Edition) 7 (1) Companies, para 652 on this aspect states as follows: "POWER OF COURT TO GIVE RELIEF AGAINST LIABIL ITY: If in any procedings for negligence, default, breach of duty or breach of trust against an officer of a company or a person 351 employed by the company as auditor (whether or not he is an officer of the company), it appears to the Court hearing the case that that officer or person is or may be liable in respect of the negilgence, default, breach of duty or breach of trust, but that he has acted honestly and reasonably, and that having regard to all the circumstances of the cases, including those connected with his appoint ment, he ought fairly to be excused for the negligence, default, breach of duty or breach of trust, that court may relieve him, either wholly or partly, from his liability on such terms as the court thinks fit.