100. For derivative action
A company may with the approval of the court indemnify a person referred to in section 99 in respect of an action—
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(a) by or on behalf of the company or body corporate to obtain a judgment in its favour; and
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(b) to which he or she is made a party by reason of being or having been a director or an officer of the company or body corporate;
against all costs, charges and expenses reasonably incurred by him or her in connection with the action, if he or she fulfils the conditions set out in section 99(2).