Venugopala Gowda, J.

This Review Petition has been filed against the judgment dated 4.1.2008 passed in W.A. 165/2007 (L), C/W WA 447/2007 (L) in Karnataka State Industrial Investment and Development Corporation Limited by its Deputy Manager Legal Vs. Karnataka Horologicals Limited by its General Secretary and Others, reported in ILR 2008 Kar 756. The prayer is to review the said judgment and to hold that the appellant in W.A.165/2007 is fully liable to satisfy the claim of workmen or in the alternative, hold that the appellant in W.A.165/2007 is holding a sum of Rs.14.13 lakhs in excess and to direct the payment of the said sum to the Respondent Union in full satisfaction of its claim and to delete the direction in the judgment to the effect that, the workmen are entitled to the closure compensation from the petitioner herein.

2. Notice was issued to the respondents who are represented. With the consent of learned counsel appearing on both sides, the matter is heard for final disposal.

3. It is not necessary to narrate the facts in detail in the present Review Petition, since, they have been stated in the main order. The 2nd respondent union had raised a dispute against