Companies Act, 1973 (Act No. 61 of 1973)Chapter II: Administration of ActOffice for Registration of Companies and Registrar8. Exemptions from liability |
| 1) | Neither the State, nor the Registrar, an inspector, or any officer or appointee of the State having duties to perform under this Act, shall be held liable for any loss sustained by or damage caused to any person as a result of any bona fide act or omission relating to the performance of any duty under this Act, unless gross negligence is proved. |
| 2) | No action shall be instituted against an auditor, liquidator, judicial manager or provisional judicial manager in respect of any opinion expressed or certificate given or report or statement made or statement, account or document certified by him in good faith in the ordinary course of his duties under this Act, unless it is proved that such opinion was expressed or such certificate was given or such report or statement was made or such statement, account or document was certified maliciously or negligently. |