V.Venkatachalam,Jo6481 v. Tamil Nadu State Transport Corproation (Kovai) Limtied
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 29.04.2024
CORAM:
THE HONOURABLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY Writ Petition No.12107 of 2024 V.Venkatachalam S/o.Vellaiyan ... Petitioner Vs.
Tamil Nadu State Transport Corporation (Kovai) Ltd., represented by its The Managing Director, No.37, Mettupalayam Road, Coimbatore - 43.
... Respondent PRAYER: Writ Petition filed under Article 226 of the Constitution of India, for issuance of Writ of Mandamus directing the respondent to pay the petitioner interest at the rate of 12% per annum for the belated payment of his PF, gratuity and earned leave salary within a specified time as may be fixed by this Court.
For Petitioner :
Mr.R.Krishnaswamy For Respondent :
Mr.Murali Vinoth Standing Counsel ***** 1/4
ORDER
This Writ Petition is filed seeking for a Writ of Mandamus directing the respondent to pay the petitioner interest at the rate of 12% per annum for the belated payment of his PF, gratuity and earned leave salary within a specified time as may be fixed by this Court.
2. Mr.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 these cases, 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 P.F, Gratuity and earned leave salary to the petitioner, if he is eligible as per the Rules at the rate of 6 % per annum, from the date on which the amount became due, till the date of disbursement, within a 2/4
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.
29.04.2024 Index: Yes/No Speaking Order: Yes/No mp To The Managing Director, Tamil Nadu State Transport Corporation (Kovai) Ltd., No.37, Mettupalayam Road, Coimbatore - 43.
D.BHARATHA CHAKRAVARTHY, J.
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mp 29.04.2024 4/4