VICE CHAIRMAN & MANAGING DIRECTOR, A.P. STATE ESSENTIAL COMMODITIES CORPORATION LTD. vs C.V. VISWANATHAM

The Supreme Court modified the impugned judgment, ordering the appellants to pay a total of Rs. 2 Lakhs to the respondent, in addition to Rs. 1 Lakh already paid, as full and final settlement of the claim. The Court noted that the respondent had reached the age of superannuation and had worked for only 5 to 6 years. Consequently, the appeal was allowed, and the contempt proceedings were quashed, with no order as to costs.