Notwithstanding anything in section 166 the 1Municipal Commissioner may in any case arising thereunder —\br@s (1) issue a renewed debenture upon receiving such indemnity in favour of the 2Corporation and the 1Municipal Commissioner as he shall think fit against the claims of all persons claiming under the original debenture, or\br@s (2) refuse to issue a renewed debenture unless such indemnity is given.\br@s
Notwithstanding anything in section 166 the 1Municipal Commissioner may in any case arising thereunder —\br<span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>@s (1) issue a renewed debenture upon receiving such indemnity in favour of the 2Corporation and the 1Municipal Commissioner as he shall think fit against the claims of all persons claiming under the original debenture, or\br<span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>@s (2) refuse to issue a renewed debenture unless such indemnity is given.\br<span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>@s <br>