THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1546 of 2011 Date:27th September, 2011 M/s.A.P.Steels Ltd. (in liquidation), and various other companies in liquidation rep. by the Official Liquidator, High Court of Andhra Pradesh, Hyderabad. ….Applicant **** THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1546 of 2011 ORDER: This is an application filed by the Official Liquidator seeking permission to pay ex-gratia of Rs.3,453.95 rounded to Rs.3,454/- to each of the 44 Company Paid Employees on the rolls of the office of the Official Liquidator for the financial year 2010-2011, totaling to Rs.1,51,976/- on the same liens as has been paid to the Government staff from and out of the Estate and Establishment Fund Account and to order the costs of the application to come out of the assets of the said Account. 2. The Official Liquidator has sworn to the affidavit filed in support of the Company Application. It is stated in the affidavit that during the year 2010-2011 about 44 Company Paid Staff were on the rolls of the office of the Official Liquidator as Company Paid Staff, who were appointed in pursuance of Rules 308 and 309 of the Companies (Court) Rules, 1959, from time to time and they are eligible for bonus for the financial year 2010-2011. The services of the company paid staff are utilized for various assignments and some of them are utilized for original work and some of them are utilized for assignments like taking possession, inventory etc., depending upon the capability and performance. The services of the company paid staff are purely temporary and they are continued till further orders of this Court and their salaries are paid from out of the common Estate and Establishment Fund Account constituted out of the interest income earned by the Official Liquidator on investments made by him in various companies in liquidation without diluting the principle amount in terms of the orders, dated 13.10.2000, passed in Company Application No.320 of 2000 in RCC No.2 of 1995. In the year 2009-2010 on an application being moved, this Court permitted the applicant to pay ex-gratia at the rate of Rs.3,454/- to each of the 44 Company Paid Employees on the rolls of the office of the Official Liquidator. The list of employees are indicated in Annexure-A. In similar circumstances, this Court granted ex-gratia for the earlier years as per orders, dated 03.11.2004, 18.10.2006, 18.02.2008 and 30.09.2008 passed in Company Application Nos.2245 of 2004; 1440 of 2006; 1663 of 2007 and 1042 of 2008 in R.C.C.No.2 of 1995, respectively. Hence, this Company Application by the Official Liquidator seeking the relief stated supra. 3. This Court granted similar benefits for the year 2009-2010 on an application moved by the Official Liquidator vide Company Application No.935 of 2010. Therefore, the applicant is permitted to pay ex-gratia at Rs.3,454/- to each of the 44 Company Paid Employees on the rolls of the office of the Official Liquidator for the financial year 2010-2011, aggregating to Rs.1,51,976/- from out of the Estate and Establishment Fund Account and the costs of such application will come out of such Account. 4. Accordingly, the Company Application is ordered. ______________________ B.SESHASAYANA REDDY, J. Date:27th September, 2011. cs THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1546 of 2011 Date:27th September, 2011