(1) WE have heard the learned counsel for the parties. Shri K. N. Bhat, the learned counsel for respondent 1 submits that respondent 1, Shri D. S. Verma will relinquish all his claims against the Management including the claim for reinstatement, back wages and the benefit under the voluntary retirement scheme, etc. if the Management pays him a sum of Rs. 1,50,000.00 . Shri O. P. Malhotra, the learned counsel for the appellant agrees to pay the said sum of Rs. 1,50,000.00 in full settlement of all the claims of respondent 1. We, therefore, pass the order by consent of parties. We direct the appellant to pay the sum of Rs 1,50,000.00 to respondent 1 in full settlement of all his claims as stated above. Respondent 1 has no further claim of any kind against the Management. Shri O. P. Malhotra states that the amount of Rs 1,50,000.00 will be paid to respondent 1 on his surrendering vacant possession of the quarters in which respondent 1 is now staying. Respondent 1 states that he would vacate and hand over vacant possession of the premises to the Management within two months. On his delivering the vacant possession of the premises to the Management the amount of Rs. 1,50,000.00 shall be paid to respondent 1. The sum of Rs. 1,50,000.00 may be spread over equally over the period commencing from 1/05/1975 up-to-date. This direction we have given for the purpose of S. 89 of the Income Tax Act, 1961. This order is made in substitution of the order of the Industrial tribunal. (2) THE appeal is disposed of accordingly.