Authority: Supreme Court of India
Order Date: 24 July 2026
Case Overview
- Petitioner: Karnataka State Electronics Development Corporation Ltd (KSEDC Ltd)
- Respondent: Pinaka Infomatics Pvt Ltd
- Petition Numbers: Special Leave to Appeal (C) Nos. 24482/2026, arising from impugned final judgment and order dated 23‑04‑2026 in COM.A No. 517/2024 of the High Court of Karnataka, Bengaluru.
- Coram: Hon'ble Mr. Justice K.V. Viswanathan and Hon'ble Mr. Justice Arun Palli.
- Counsel for Petitioner: Senior Advocate V. Chitambaresh, AOR Jogy Scaria, Advs. Beena Victor, Ashwani Kumar Soni, Sparsh Srivastava.
- Counsel for Respondent: Ms. Jayasree Narasimhan (AOR), Dr. Sarvam Ritam Khare, Advs. D. Bhanu Pradeep, R. Sarabeshvaran, Siddheesh Yadav.
- Proceedings: The Court heard counsel on the caveat and examined the petition seeking interference with the High Court’s award.
Order Details
1. The Court heard senior counsel V. Chitambaresh for the petitioner and counsel Jayasree Narasimhan for the respondent.
2. The Court found no good grounds to interfere with the impugned order and dismissed the Special Leave Petition.
3. The petitioner’s senior counsel requested an eight‑week period to pay the balance amount due under the award.
4. Respondent counsel stated that the balance amount, including interest and costs, totals approximately Rs. 4,70,61,090/-.
5. The Court directed that, subject to an undertaking filed by a competent officer of the petitioner confirming payment of the balance amount with accrued interest, the petitioner is granted eight weeks from the date of the order to make the payment. The undertaking must be filed within one week.
6. The Court stipulated that, provided the undertaking is filed within the stipulated time, the respondent shall not precipitate the matter for a period of eight weeks.
7. The matter is listed for compliance on 23 September 2026.
8. All pending applications in the case are ordered to stand disposed of.
Final Outcome
- The Special Leave Petition is dismissed; KSEDC Ltd must pay the outstanding amount of Rs. 4,70,61,090 with interest and costs within eight weeks, after filing an undertaking within one week. Compliance hearing scheduled for 23 September 2026; no further applications will be entertained.
Topics: Legal Dispute, Payment Order