T. Srinivasan, v. Tamil Nadu State Transport
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 05.01.2017 CORAM :
THE HONOURABLE MR.JUSTICE S.VAIDYANATHAN W.P(MD)No.157 of 2017 T.Srinivasan ... Petitioner vs.
1. Tamil Nadu State Transport Corporation (Madurai) Limited, Rep. by it's Managing Director, Bye Pass Road, Madurai - 625 016.
2. The Financial Advisor & Chief Accounts Officer, Tamil Nadu State Transport Corporation (Madurai) Ltd., Bye Pass Road, Madurai - 625 016.
3. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 600 002 ... Respondents PRAYER:
Writ Petition filed under Article 226 of the Constitution of India, praying for the issuance of a Writ of Mandamus,directing the respondents to pay the terminal benefits amount payable to the petitioner including Gratuity, Un-availed Leave Salary, Service - Surrender Leave Salary, Post Retirement Scheme amount and Dearness Allowance arrears together with 18% interest from the date of his retirement I.e., 31.10.2012 to till the date of payment and also 18% interest for the belated payment of Commuted value of Pension and all other attendant benefits to him within the stipulated period fixed by this Court.
For Petitioner : M/s.A.Rahul For Respondents : Mr.A.Jeyaraman for R1 & R2.
Mr.AP.Muthu Pandian for R3.
Standing Counsel.
ORDER
The petitioner was employed as Assistant Manager in the respondents Corporation and he retired from service on 31.10.2012 on attaining the age of superannuation.
2.He has filed this writ petition seeking for a direction to the respondents to pay the retirement benefits. 3.The First Bench of this Court in similar matter has passed an order dated 12.06.2015 in W.A.(MD) Nos.383 to 457 of 2015, issuing direction to the transport Corporations to settle the terminal benefits of its employees in equal monthly instalments and to pay 6% interest on the terminal benefits payable to the workman. The Bench has also held that workman is entitled to 18% interest for the defaulted period of instalment. 4.In these circumstances, this writ petition is disposed of with the following directions:- i)A direction is issued to the transport corporation to settle the terminal benefits of the petitioner that are yet to be settled, in twelve equal monthly instalments; ii)The first installment shall commence by making payment on or before the 10th March 2017 and the amount in each of the remaining instalments shall be paid on or before 10th of every succeeding month;
iii) The said terminal amount shall carry interest @ 6% per annum, as per the Division Bench judgment referred to above. In case of delay in making instalments, the interest payable could be 18% for the delayed period;
iv) The aforesaid direction to settle the terminal benefits would not preclude the workman to question the computation of any of the terminal benefits, if the same is paid lesser than the amount to which, he is entitled to receive. Likewise, if the petitioner has any grievance that he is entitled to interest for the amount already settled, he can agitate the same as per law, if he is entitled. No costs.
Sd/- Assistant Registrar(Writs) /True Copy/ Sub Assistant Registrar
To
1. Tamil Nadu State Transport Corporation (Madurai) Limited, Rep. by it's Managing Director, Bye Pass Road, Madurai - 625 016.
2. Financial Advisor & Chief Accounts Officer, Tamil Nadu State Transport Corporation (Madurai) Ltd., Bye Pass Road, Madurai - 625 016.
3. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai.
+1 cc to Mr.A.K.THANGAVEL, Advocate SR.No.793 W.P(MD)No157 of 2017 05.01.2017 SMA/PM-AM1/20.01.2017:3P/5C