https://www.taxtmi.com/caselaws?id=217013 Res judicata did not bar the company application because the earlier arbitration proceeding involved different parties and the issue was not identical. The Court also held that a drawn up sanction order for demerger could be corrected to add omitted statutory words, where the scheme showed the omission was inadvertent and the correction was limited to reflecting the sanctioned form. However, the disputed title to North Mill was not finally decided in the company proceeding and was left to be worked out in civil proceedings. The correction was therefore confined to the formal omission, without adjudicating substantive ownership. en-us Thu, 13 Sep 2012 00:00:00 +0530 Sat, 29 Sep 2012 05:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217013 Res judicata did not bar the company application because the earlier arbitration proceeding involved different parties and the issue was not identical. The Court also held that a drawn up sanction order for demerger could be corrected to add omitted statutory words, where the scheme showed the omission was inadvertent and the correction was limited to reflecting the sanctioned form. However, the disputed title to North Mill was not finally decided in the company proceeding and was left to be worked out in civil proceedings. The correction was therefore confined to the formal omission, without adjudicating substantive ownership. Case-Laws Companies Law Thu, 13 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217013