Enhanced remuneration for Official Liquidator's Company Secretary was recognised under the MCA policy framework.

Enhanced consolidated remuneration for the Company Secretary attached to the Official Liquidator's office was examined against the Ministry of Corporate Affairs Office Memorandum dated 30.11.2018. The text notes that the role involved compliance, accounting, statutory reporting, asset-sale support, and coordination with creditors and authorities, and that the existing payment was below the policy range indicated in the memorandum. It further records that a similar approach had been followed in another High Court establishment. On that basis, the remuneration request was treated as consistent with the applicable policy framework and justified on the facts presented, with entitlement recognised in accordance with the Office Memorandum.

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Issues: Whether the Company Secretary attached to the office of the Official Liquidator was entitled to enhanced consolidated remuneration in line with the Ministry of Corporate Affairs Office Memorandum dated 30.11.2018.

Analysis: The request was examined in light of the Office Memorandum governing remuneration of young professionals engaged with the Ministry of Corporate Affairs. The Court noted the breadth of the Company Secretary's duties in liquidation matters, including compliance work, accounting, statutory reporting, asset-sale support, and coordination with creditors and other authorities. It also noticed that the existing remuneration was lower than the policy range indicated in the Office Memorandum and that a similar approach was being followed in another High Court establishment. On that basis, the request was found to be consistent with the government policy and justified on the facts placed before the Court.

Conclusion: The Company Secretary was held entitled to be paid remuneration in accordance with the Office Memorandum dated 30.11.2018, and the report was allowed.

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