THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.446 of 2010 in Company Petition No.57 of 1999 Date:11th July, 2011 Between: S.L.Sharma …Applicant A n d The Official Liquidator, High Court of A.P., Hyderabad. ….Respondent THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.446 of 2010 in Company Petition No.57 of 1999 ORDER: This Company Application has been filed by S.L.Sharma under Rule 9 of the Companies (Court) Rules, 1959, seeking a direction to the Official Liquidator to determine the amount due to the applicant as claimed in the statement of claim attached this application and pass any further orders. 2. Heard learned counsel appearing for the applicant and learned counsel appearing for the Official Liquidator. 3. The applicant herein earlier filed Company Application No.1952 of 2009. The said application came to be disposed off along with batch of applications vide Common Order dated 27.09.2010. The relevant portion of the said order reads as hereunder: “Accordingly, all the Company Applications are allowed. The Official Liquidator is permitted to transfer the ownership and title over the respective quarters under the occupation of the applicants in 27 Company Applications respectively for the value determined by the Chartered Valuer in his report. In case of the applicants/workmen/dependent legal representatives of the workmen, whose dues repayable by the Official Liquidator are more than the value of the quarters under their occupation so fixed, the Official Liquidator shall have to deem that the entire value of the quarter under the occupation of the respective applicants has been duly and completely paid up, making appropriate adjustments in his books of accounts and effect the transfer. This procedure shall be applicable to the applicants in 10 cases covered by Annexure-D to the common affidavit of the Official Liquidator dated 24.09.2010. In respect of the applicants in the remaining cases, the applicants shall pay the balance of the value of the quarter as fixed above, to the Official Liquidator within sixty (60) days from today respectively and on such payment, the Official Liquidator shall transfer the ownership and title over the respective quarters to the respective applicants. This procedure shall be applicable in respect of the applicants in 17 Company Applications specified in Annexure-E of the common report of the Official Liquidator dated 24.09.2010. The Annexures-D and E of the common report of the Official Liquidator dated 24.09.2010 shall be annexed to this order.” 4. The issue between the applicant and the respondent has already been settled in Company Application No.1952 of 2009. It is the Official Liquidator, who has to work out the amount payable by the applicant or adjustment of the amount payable to him in the books of accounts. No separate orders need be passed in this application. 5. Accordingly, the Company Application is disposed of directing the Official Liquidator to work out the amount payable by the applicant or adjustment of the amount payable to him, as ordered in Company Application No.1952 of 2009. No costs. ______________________ B.SESHASAYANA REDDY, J. Date:11th July, 2011. Cs THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.446 of 2010 In Company Petition No.57 of 1999 Date:11th July, 2011