V.Krishnan v. M/S.Metropolitan Transport Corporation,
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 07.11.2023
CORAM:
THE HONOURABLE MR. JUSTICE M.S. RAMESH V.Krishnan
...Petitioner
Vs.
M/s.Metropolitan Transport Corporation Rep. By its Managing Director No.1, Pallavan Salai Chennai - 600 002
...Respondent
PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondent to settle a sum of Rs.1,69,613/- towards 6% interest for the belated settlement of terminal benefits to the petitioner herein by considering the representation of the petitioner dated 24.10.2023. For Petitioner : Mr.D.Soundar Raj For Respondent : Mr.R.Balaji Standing Counsel 1/4
ORDER
With the consent of both the parties, this Writ Petition is taken up for final disposal at the admission stage itself.
2. The petitioner herein had retired from service on 31.10.2022 on voluntary retirement. However, his terminal benefits came to be settled belatedly on 23.05.2023 and the respondent has not paid interest for the belated payment. In this regard, the petitioner has given a representation to the respondent on 24.10.2023, which is yet to be considered.
3. This Court, in various decisions, have already taken a view that in all cases of belated payment of the terminal benefits, the concerned employee would be entitled for interest at the rate of 6% per annum. In this background, this Court is of the view that if the respondent is directed to pay interest on the belated payment of the terminal benefits of the petitioner, the ends of justice could be secured. 2/4
4. In the light of the above observations, there shall be a direction to the respondent herein to settle the interest amount at the rate of 6% per annum on the belated payment of the terminal benefits from the date of the petitioner's retirement till the date of actual payment, i.e., from 31.10.2022 to 23.05.2023, within a period of four (4) weeks from the date of receipt of a copy of this order.
5. With the above direction, the Writ Petition stands disposed of. No costs.
07.11.2023 Index:Yes/No Speaking order/Non-speaking order gpa To M/s.Metropolitan Transport Corporation Rep. By its Managing Director No.1, Pallavan Salai Chennai - 600 002 3/4
M.S.RAMESH,J.
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