Authority: Supreme Court (Special Lok Adalat)

Order Date: 23-08-2026

Case Overview

  • Parties: Steel Authority of India Limited (appellant) vs. B.N. Srinivasa & Anr (respondent No.1).
  • Proceedings: Civil Appeal No. 7579/2023 before the Supreme Court Special Lok Adalat, heard on 23‑08‑2026.
  • Nature of dispute: Settlement of claims arising from earlier proceedings; respondent sought compensation.
  • Settlement details: Initially reported settlement amount of Rs.7,94,520/‑; subsequently agreed that a consolidated sum of Rs.10,00,000/‑ (Rs 10 lakh) will be paid to the respondent.
  • Payment timeline: Respondent to furnish account details; upon verification, the appellant will transfer Rs.10 lakh within six weeks from the order date.
  • Clearance: The court expressed hope that the competent authority will grant clearance expeditiously, given the respondent’s age, aiming for disbursement within four weeks.
  • Final claim waiver: Respondent agreed that receipt of the consolidated Rs.10 lakh, over and above the amount awarded by the High Court, will extinguish any further claim against the appellant.

Final Outcome

  • The Civil Appeal No. 7579/2023 stands disposed of.
  • Any pending applications, if any, are also disposed of.

Topics: Legal Settlement, Steel Industry