What are the main pre-requisites to implement the principle of ‘Res Judicata’?
The pre-requisite which are necessary to implement the principle of “Res Judicata” are:
1) There must be a final judgment:
2) The judgment must be on the merits;
3) The issue must be the same in the first and second suits;
4) The parties in the second action must be the same as those in the first, or the successor-in-interest of a party to the prior action.