Authority: Supreme Court of India
Order Date: 23-09-2026
Case Overview
- Parties: Karnataka State Electronics Development Corporation Ltd (Petitioner) and Pinaka Infomatics Pvt Ltd (Respondent).
- Application: IA No. 254958/2026 – Miscellaneous application seeking modification of the order dated 24.07.2026 in Special Leave Petition (C) No. 24482/2026.
- Prayer: Substitute the previously stated balance amount of Rs.4,70,61,090/- with the correct/actual balance amount of Rs.3,58,48,931/- payable by the petitioner to the respondent.
- Original Order (24.07.2026): Dismissed the SLP, granted the petitioner eight weeks to pay the balance amount (approximately Rs.4,70,61,090/-) subject to filing an undertaking within one week; listed matter for compliance on 23‑09‑2026.
- Counsel Submissions: Petitioner’s counsel (Mr. Jogy Scaria) indicated that once the Executing Court computes the amount, payment would be made within two days of computation.
Court’s Observations & Directions
1. The Court opined that the computation of the balance amount should be left to the Executing Court, not specified by this Court.
2. Directed that the undertaking required under paragraph 5 of the 24.07.2026 order is dispensed with.
3. Informed that the matter is scheduled before the Executing Court on 28.09.2026.
4. Directed the Executing Court to dispose of the matter on 28.09.2026 itself.
5. IA No. 254958/2026 and the miscellaneous application, along with any pending applications, stand disposed of in the above terms.
Final Outcome
- The Supreme Court modified the monetary figure, directing the Executing Court to determine the correct balance and to dispose of the case on 28‑09‑2026.
- The requirement to file an undertaking was removed.
- The miscellaneous application and any related pending applications were formally disposed of.
Topics: Legal Dispute, Court Order, Payment Settlement