Compensation waler assembly

A compensation waler assembly for connecting and aligning a pair of formwork panels with each other, the compensation waler assembly comprising:

• a first bar;
• a second bar disposed above the first bar;
• and
• a pair of hook sub-assemblies disposed between the first bar and the second bar, each hook sub-assembly adapted to be engaged with one of the pair of formwork panels, and each hook sub-assembly comprising:
• a hook-shaped portion formed at one end of the hook sub-assembly and adapted to be removably engaged with a first slot formed in the respective formwork panel;
• a distal portion formed at the opposite end of the hook sub-assembly and comprising a second slot;
• and
• a locking component adapted to be accommodated in the second slot to secure the hook sub-assembly on the respective formwork panel,
• wherein the pair of hook sub-assemblies is adapted to move with respect to each other along the length of the first bar and the second bar, based on dimension adjustment to be made for the pair of formwork panels, and
• wherein the hook-shaped portion is adapted to rotate by 360 degrees for aligning to engage with any supporting portion of the formwork panel.

A method of connecting and aligning a pair of formwork panels with each other through a compensation waler assembly, the method comprising:

• engaging a hook sub-assembly of the compensation waler assembly with each of the pair of formwork panels, wherein the hook sub-assembly is disposed between a first bar and a second bar of the compensation waler assembly, the hook sub-assembly is engaged with the formwork panel by:
• engaging a hook-shaped portion formed at one end of the hook sub-assembly with a first slot formed in the respective formwork panel in a removable manner;
• and
• accommodating a locking component of the hook sub-assembly in a second slot formed in a distal portion of the hook sub-assembly,
• wherein the locking component is accommodated to secure the hook sub-assembly on the respective formwork panel,
• wherein the hook-shaped portion is adapted to rotate by 360 degrees for aligning to engage with any supporting portion of the formwork panel.