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Companies Law - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Mistake in the scheme - Once the applicant had asserted its ...


Applicant's Claim to North Mill Denied; Court Allows Correction of In Rem Order for Prejudicial Mistakes.

August 29, 2013

Case Laws     Companies Law     HC

Mistake in the scheme - Once the applicant had asserted its right to the North Mill on the basis of the order sanctioning the scheme as drawn up, and failed - it was no longer open to it to claim that the order was erroneously drawn up in the North Mill not being included in the schedule thereto - A mistake of court in an order that operates in rem may be corrected at the instance of any person demonstrating to be prejudiced thereby - HC

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