Manoharan. S v. The Managing Director

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 29.03.2023

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN S.Manoharan ... 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 Employees Pensions Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-2.

... Respondent Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, to direct the respondents disburse interest at the rate of 6% for the belated payment of retirement benefits commutation.

For Petitioner : Mr.K.Gokul For Respondent : Mr.K.Ramaiah Standing Counsel for R1 : Mr.S.C.Herold Singh Standing Counsel for R2 1/3

ORDER

Heard the learned counsel on either side.

2.The writ petitioner joined the respondent corporation as Junior Assistant in the year 1986. He retired from service on 29.11.2017. However, his terminal benefits were settled only on 29.01.2021. 3.It is well settled that for such belated settlement, the retired employee is entitled to interest. I, therefore, direct the respondent Corporation to pay the interest to the writ petitioner computed at the rate of 6% per annum on the belated disbursement from the date of retirement till date of settlement. The interest amount shall be paid within a period of twelve weeks from the date of receipt of a copy of this order.

4.This writ petition is allowed accordingly. No costs. 29.03.2023 Index : Yes / No Internet : Yes/ No rmi 2/3

G.R.SWAMINATHAN, J.

rmi 29.03.2023 3/3