Authority: Supreme Court of India, Civil Appellate Jurisdiction
Order Date: 05 October 2026
Case Overview
- Parties: Appellant – National Panasonic India Pvt. Ltd. through authorized signatory Mr. Tarun Kumar Sharma; Respondent – Mr. Bhupender Sharma.
- The matter was referred to Lok Adalat, where a settlement was recorded on 21 August 2026.
- Under the consent award, the respondent was required to pay Rs 5,00,000 (Five Lakhs) by 30 September 2026 and Rs 45,00,000 (Forty‑Five Lakhs) by 30 June 2027.
- The Rs 5 Lakhs amount has been paid and acknowledged by the appellant’s counsel; the remaining Rs 45 Lakhs is pending payment as per the agreement.
- The award also references the earlier decree in CS (OS) No.2115 of 2003 dated 13 May 2011, which may be executed with interest if the agreed amount is not paid.
Final Outcome
- The Supreme Court accepted the Lok Adalat settlement and ordered that the civil appeals (Nos. 760‑761/2014) be disposed of.
- If the respondent fails to pay the Rs 45 Lakhs by the stipulated date, the appellant may enforce the 2011 decree with interest.
- All pending applications, if any, were ordered to stand disposed of.
- The order was pronounced by Hon’ble Justices Aravind Kumar and Vipul M. Pancholi on 5 October 2026.
Topics: Legal Settlement, Civil Appeal