Rajendran. G v. The Managing Director

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 28.03.2023

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN G.Rajendran ... Petitioner Vs.

1.The Managing Director, Tamilnadu State Transport Corporation (MDU) Ltd., Bye-Pass Road, Madurai - 625 016.

2.The General Manager, Tamilnadu State Transport Corporation (MDU) Ltd., Collectrate Post, Bye-Pass Road, Dindigul - 624 004.

... Respondents Prayer: Writ petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, to direct the respondents to disburse interest at the rate of 6 percent for the belated payment of retirement benefit Surrender Leave Salary.

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For Petitioner : Mr.K.Gokul For Respondents : Mr.S.Gladson Micheal Rajadurai, Standing Counsel.

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O R D E R

Heard the learned counsel on either side.

2.The writ petitioner joined the respondent corporation as Tradesman in the year 1987. He retired from service on 31.07.2017. However, his terminal benefits were settled only on 22.11.2021. 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. 2/4

4.This writ petition is allowed accordingly. No costs. 28.03.2023 NCC : Yes / No Index : Yes / No Internet : Yes / No ias 3/4

G.R.SWAMINATHAN,J.

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