R.Balasubramaniam (Staff No.Jo6085) v. Tamilnadu State Transport Corporation (Kovai) Ltd
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 26.04.2024 CORAM :
THE HON'BLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY R.Balasubramaniam ... Petitioner
Versus
Tamil Nadu State Transport Corporation (Coimbatore) Ltd, Erode Region, Rep by its The Managing Director, Mettupalayam Road, Coimbatore - 641 043.
... Respondent Prayer : Writ Petition filed under Article 226 of the Constitution of India, pleased to issue a Writ of Mandamus directing the respondent to pay the petitioner interest for the belated payment of the petitioner's terminal benefits namely, P.F, earned leave salary, Family Benefit Fund and Gratuity, at the rate of 12% per annum, within a specified time as may be fixed by this Court.
For Petitioner : M/s.V.Porkodi For Respondent : Mr.M.Murali Vinoth
ORDER
This Writ Petition is filed seeking for a Writ of Mandamus directing the respondent to pay the petitioner interest for the belated payment of the petitioner's terminal benefits namely, P.F, earned leave salary, Family Benefit Fund and Gratuity, at the rate of 12% per annum, within a specified time as may be fixed by this Court.
2. Mr.M.Murali Vinoth, learned Counsel takes notice for the respondent. He would submit that the eligible amount will be paid to the petitioner within a reasonable time as may be fixed by this Court.
3. Learned Counsel for the petitioner submits that, in this case, this Court has consistently allowed the payment with interest at the rate of 6%
per annum.
4. In that view of the matter, this Writ Petition is disposed of on the following terms:
(i) The respondent is directed to pay interest on the belated payment of the petitioner's terminal benefits viz., P.F, Earned Leave Salary, Family Benefit Fund and Gratuity at the rate of 6% per annum, from the date on which the amount became due, till the date of disbursement, within a period of twelve (12) weeks from the date of receipt of a copy of this order; (ii) If the amount is not paid within a period of twelve (12) weeks, thereafter, the interest shall be calculated at the rate of 12% per annum from the date on which the amount became due till the date of disbursement. (iii) There shall be no order as to costs.
26.04.2024 (5/5) Index : yes Speaking order:Yes : no
jas To Tamil Nadu State Transport Corporation (Coimbatore) Ltd, Erode Region, Rep by its The Managing Director, Mettupalayam Road, Coimbatore - 641 043.
D.BHARATHA CHAKRAVARTHY, J.
jas 26.04.2024 (5/5)