Tamilselvan. K v. The Managing Director
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 03.04.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN K.Tamilselvan ... Petitioner Vs.
1.The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam-612001.
2.The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Pudukkottai Region, Thirumayam Road, Pudukkottai.
3.The Administrator, Tamil Naud State Transport Corporation, Employees 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, to direct the respondent to disburse interest at the rate of 6% for the belated payment of retirement benefits gratuity, provident fund , leave salary and commutation. 1/3
For Petitioner : Mr.K.Gokul For Respondents : Mr.S.Ramachandrapradeep Standing Counsel for R1 & R2 : Mr.S.C.Herold Singh for R3
ORDER
Heard the learned counsel on either side.
2.The writ petitioner joined the respondent corporation as Clerk in the year 1987. He retired from service on 31.03.2021. However, his terminal benefits were settled only on 05.11.2022.
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. 03.04.2023 Index : Yes / No Internet : Yes/ No rmi 2/3
G.R.SWAMINATHAN, J.
rmi 03.04.2023 3/3