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Issues: Whether the review application could succeed to the limited extent of correcting an apparent error in the earlier order and whether the absence of publication in the Official Gazette, or the earlier restoration order, justified reopening the winding-up order.
Analysis: Review jurisdiction is confined to correction of a mistake or error apparent on the face of the record and cannot be used for reappreciation of evidence or reassessment of the merits. The earlier order mistakenly referred to publication in the Official Gazette and Government Gazette, although the admission order had dispensed only with such publication while directing advertisement in newspapers. That mistaken reference was an apparent clerical or record error and could be corrected in review. As regards the challenge to non-publication in the Official Gazette, the Court held that the combined reading of the applicable company court rules and the inherent powers of the Court permitted dispensation of that publication, and at most the omission was an irregularity, not a vitiating illegality. The challenge to the restoration order and the debt-related objections were treated as merit-based contentions beyond the scope of review.
Conclusion: The review was allowed only to delete the erroneous references to publication in the Official Gazette and Government Gazette from the earlier order; the remaining grounds were rejected.