Authority: Supreme Court Special Lok Adalat
Order Date: 23-08-2026
Case Overview
- Civil Appeal No(s). 1633/2024 filed by M/S Vidya Prasarak Mandal & Anr (appellants) against Avinash Madhukar Chincholkar & Anr (respondent).
- The matter was heard before Hon'ble Justices K.V. Viswanathan and Arun Palli, with senior advocates Dr. Aditya Sondhi, N.S. Nappinai, and Shriya Maini appearing for the parties.
- During the hearing, the parties reached a settlement agreement.
- Settlement terms: appellants will pay respondent a total sum of Rs.75,00,000/-. Of this, Rs.20,00,000/- is to be deducted as income tax.
- The appellants had earlier deposited Rs.16,76,040/- with the University of Mumbai, Maharashtra, pursuant to a Tribunal order.
- Under the settlement, appellants will now pay respondent an additional Rs.37,56,180/- within four weeks from the date of the order.
- Respondent is entitled to withdraw the previously deposited Rs.16,76,040/- along with any accrued interest from the University of Mumbai.
- The Finance Officer of the University of Mumbai is directed to transfer the said amount, plus accrued interest if any, directly to the account details furnished by the respondent.
- Upon receipt of the payments, respondent will have no further claim against the appellants.
Final Outcome
- The appeal is disposed of in accordance with the settlement terms.
- All monetary obligations as outlined are to be fulfilled, after which the dispute is considered fully resolved.
Topics: Settlement, Civil Appeal