Selvam J v. The Managing Director,
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 05.04.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN J.Selvam ... Petitioner Vs 1.The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Limited, Bye-pass Road, Madurai - 625 016.
2.The General Manager, Tamil Nadu State Transport Corporation (Madurai) Limited, Collectorate Post, Bye-pass Road, Dindigul - 624 004.
... Respondents Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondents to disburse interest for 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.Raja
ORDER
Heard the learned counsel on either side.
2.The writ petitioner joined the respondent Corporation as Driver. He retired on 31.12.2017. However, his terminal benefits were settled only on 30.08.2022. 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.
3.This writ petition is allowed. There shall be no order as to costs. 05.04.2023 Index : Yes / No Internet : Yes/ No NCC : Yes / No MGA 2/4
To 1.The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Limited, Bye-pass Road, Madurai - 625 016.
2.The General Manager, Tamil Nadu State Transport Corporation (Madurai) Limited, Collectorate Post, Bye-pass Road, Dindigul - 624 004.
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G.R.SWAMINATHAN, J.
MGA 05.04.2023 4/4