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Today when the matter was taken up, an affidavit of the liquidator was referred to wherein the amount payable to the employees of the Statfed towards the aforementioned allowance was quantified at Rs. 11,22,54,844/-. On 23rd May, 2016 the liquidator placed the requirement before the Registrar of Cooperative Societies, Assam for onward submission to the Government. On 31.03.2016 the Registrar forwarded to the same for the concurrence of the Finance Department. The Finance Department, in their affidavit has stated that it has no objection to the release of 20% of the admissible dues to the Statfed employees including the said allowances in terms of the judgment and order dated 03.01.2014 subject to the condition that the liquidator shall complete the process for making an assessment of the assets of the Statefed and disposed them through auction sale.
Dr. B. Ahmed, Advocate represented the Co-Operation Department and Ms. A Verma , Advocate represented the Finance Department.