K.Nataraj v. The Management Of
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 15.03.2022
CORAM
THE HONOURABLE MR.JUSTICE D.KRISHNAKUMAR W.P.No.5786 of 2022 K.Nataraj
...Petitioner
Vs.
The Management of Tamilnadu State Transport Corporation (Kovai) Ltd, Represented by its Managing Director, Coimbatore.
...Respondent
PRAYER: This Writ Petition has been filed under Article 226 of the Constitution of India, to issue writ of mandamus, to direct the respondent to pay the petitioner interest to the petitioner at the rate of 18% per annum, for the period of delay from 01.02.2018 to 02.11.2018, in paying the amounts paid towards the petitioner's terminal benefits namely EPF Employee's Contribution, Gratuity and Encashment of Earned/Sick Leaves within a time frame as may be fixed by this Hon'ble Court and without affecting his right to claim balance amounts towards those benefits.
For Petitioner : Mr.V.Ajay Khose For Respondent : Mr.A.Sundharavadanan Standing Counsel
O R D E R
This writ petition has been filed to issue a Writ of Mandamus,directing the respondent to pay interest for the belated payment of retirement benefits.
2.Heard the learned counsel appearing for the petitioner and the learned counsel appearing for the respondent. 3.The petitioner was appointed as Conductor in the respondent's Corporation, subsequently posted to Computer Operator and then promoted as Senior Assistant with Staff No.89AD1014038 in the respondent's Corporation and retired from service on 31.01.2018 on reaching the age of superannuation. However, the respondent has settled the retirement benefits to the petitioner belatedly, without any interest. Hence, the petitioner made a representation on 12.01.2022 to pay interest, however, the respondent have not considered it. Hence, this writ petition has been filed.
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4.The learned counsel appearing for the petitioner submitted that, though the petitioner has made a representation to the concerned Authorities to pay the interest for the belated payment of retirement benefits, the respondents have not paid same and hence, the respondent may be directed to pay interest. 5.The learned Standing Counsel appearing for respondents fairly accepted the fact that the respondents-Corporation have settled the retirement benefits to the petitioner belatedly. He also submitted that in view of the earlier orders passed by this court, the petitioner is entitled for interest only at the rate of 4% per annum for the belated payment.
6. In view of the above submissions and with the consent of both parties, there shall be a direction to the respondent to pay penal interest at the rate of 4% per annum for the belated payment of retirement benefits to the petitioner, within a period of twelve weeks from the date of receipt of a copy of this order, subject to the condition that if the petitioner has not already given up his right for claiming interest for the retirement benefits. It is also made clear that in default, the respondent-Corporation shall have to pay the interest amount at the rate of 6% per annum to the petitioner.
7. With the above directions, the writ petition is disposed of. No costs.
s/d- Assistant Registrar(CCC) True Copy Sub-Assistant Registrar Dua To The Managing Director, Management of Tamilnadu State Transport Corporation (Kovai) Ltd, Coimbatore Region, Coimbatore.
+1 CC to Mr.A.Sundharavadanan, Advocate sr 18112. W.P.No.5786 of 2022 MG(CO) SP(30/03/2022) https://hcservices.ecourts.gov.in/hcservices/