261. Rectification of error
On being satisfied that the omission to register a charge within the time required, or that the omission or mis-statement of any particular with respect to any such charge or in a memorandum—
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(a) was accidental or due to inadvertence or to some other sufficient cause;
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(b) is not of a nature to affect adversely the position of creditors or shareholders; or
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(c) that, on other grounds, it is just and equitable to grant relief,
the court may, on the application of the company or any person interested, and on such terms and conditions as seem to the court to be just and expedient, order that the time for registration be extended or that the omission or mis-statement be rectified.