SAIL Appeal Dismissed; Rs. 2.29 Cr Released

Authority: Finance Ministry Appellate Tribunal (FMAT)

Order Date: November 12, 2026

Case Overview

• Parties: Steel Authority of India Limited (appellant) vs Union of India (respondent).
• Proceedings: Appeal FMAT (IR) No. 88 of 2026 with two counter‑affidavits (CAN 1 and CAN 2) filed by the appellant.
• Background: The appellant sought relief concerning a decretal amount; however, a subsequent order dated September 24, 2026 directed the release of the decretal amount of Rs 2,29,25,943 to SAIL.
• Tribunal Observation: The later release order rendered the present appeal infructuous, leading to dismissal.

Final Outcome

• FMAT (IR) No. 88 of 2026, along with CAN 1 and CAN 2, dismissed as infructuous.
• No order as to costs was made.

Topics: Legal Appeal, Decretal Release