S.Murugesan v. The Managing Director
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 04.03.2024
CORAM
THE HONOURABLE MRS.JUSTICE L.VICTORIA GOWRI S.Murugesan ... Petitioner Vs 1.The Managing Director, Tamil Nadu State Transport Corporation(MDU) Ltd., Bye-Pass Road, Madurai-625 016.
2.The Administrator, Tamil Nadu State Transport Corporation Employee's Pensions Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-2.
... Respondents Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, directing the respondents to disburse interest at the rate of 6% for the belated payment of retirement benefit commutation.
For Petitioner : Mr.K.Gokul For Respondent : Mr.Ramachandra Pradeep Standing Counsel 1/4
ORDER
The present writ petition has been filed seeking direction to the respondents to disburse interest at the rate of 6% for the belated payment of retirement benefit commutation.
2. By consent of both parties, this writ petition is taken up for final disposal at the stage of admission itself.
3. The petitioner was employed as Junior Assistant in the respondent corporation on 19.11.1987 and he retired from service as Superintendent on 31.05.2016.
4. It is admitted that his terminal benefits were not settled immediately but only belatedly. The only question that arises for consideration is as regards the rate of interest payable on the belated settlement.
5. The issue raised in this writ petition was already decided by this Court vide order, dated 07.03.2023 in W.P(MD)No.4866 of 2023 (C.Murugan Vs. The Tamil Nadu State Transport Corporation (Tirunelveli) Ltd., & Another). 2/4
6. In view of the above, this Writ Petition is disposed of by directing the respondent management to pay interest at the rate of 6% per annum for belated settlement of petitioner's terminal benefits. This shall be done within a period of twelve (12) weeks from the date of receipt of a copy of this order. No costs. 04.03.2024 NCC : Yes / No Index : Yes / No Internet : Yes/ No gbg To 1.The Managing Director, Tamil Nadu State Transport Corporation(MDU) Ltd., Bye-Pass Road, Madurai-625 016.
2.The Administrator, Tamil Nadu State Transport Corporation Employee's Pensions Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-2.
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L.VICTORIA GOWRI, J.
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