A bench headed by Justice Dipak Misra asked the commission to submit its report by January 31, 2015.
It also directed the state governemnt to pay Rs 2 lakh to the seriously injured and Rs 75,000 to persons who suffered minor injury in the incident which took place on April 10, 2006.
It passed the order on a petition filed by one Sanjay Gupta who had lost five of his family members in the incident.
He pleaded that the administration had demonstrated utterly callous attitude and even the bodies of the victims were allegedly bulldozed at the instance of the top officials of the district administration including the then District Magistrate.
The bench also directed the organiser of the consumer electronic fair to pay Rs 30 lakh with the Supreme Court registry in order to hear its plea challenging the maintainability of Gupta's plea.