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2021 (1) TMI 115 - Tri - Companies LawRectification of order - rectification of the Register of Members of the Respondent Company by re-entering the total number of 100 equity shares belonging to the Petitioner in the share register of the Company - restoration of total shareholding of the Petitioner as it is existed prior to 08.02.2019 forthwith - restraint from conducting tender for sale of 100 shares from allotting or effecting transfer of any shares belonging to the Petitioner without his express consent to any members or non-members till rectification of share register - clerical or arithmetical mistakes - Section 420 of the Companies Act, 2013. HELD THAT:- As per the provision of Rule 154 of the NCLT Rules, 2016, the Tribunal is only entitled to rectify the clerical or arithmetical mistakes or error arising from accidental slip or omission. In the present application the applicants sought to correct a factual error in the order passed by this Tribunal. Considering the above mentioned Rule, the Tribunal can exercise the power for correction of a mistake and not to substitute a view which was made while deciding a matter. In the instant case, I do not find that the present Application which has been filed similar to a Review Application cannot be entertained, as the Application for rectification of order does not show any clerical or arithmetical mistakes. This Tribunal cannot travel beyond the record to see whether the order is correct or not. Application dismissed.
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