Madras High CourtWP(MD)/13036/2023allowed

S.Arivazhagan v. The Managing Director

2023-06-06Honourable Mr Justice G.R.Swaminathan4 pages

1 W.P.(MD)NO.13036 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 06.06.2023

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.13036 of 2023 S.Arivazhagan ... Petitioner Vs.

1. The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam - 612 001.

2. The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonam Region, New Railway Station Road, Kumbakonam - 612 001.

3. The Administrator, Tamil Nadu State Transport Corporation Employee Pensions Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 2.

... Respondents Prayer: Writ petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, consequently direct the respondents to disburse interest at the rate of 6% for the belated payment of retirement benefits Gratuity, Provident Fund, Leave Salary and Commutation.

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2 W.P.(MD)NO.13036 OF 2023 For Petitioner : Mr.K.Gokul For R-1 & R-2 : Mr.K.Jagadees Balan For R-3 : Mr.S.C.Herold Singh * * *

O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as Senior Assistant Engineer in the respondent Corporation. He voluntarily retired on 31.08.2021. However, his terminal benefits were settled only on 27.03.2023. 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. 06.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes / No PMU 2/4

3 W.P.(MD)NO.13036 OF 2023 To:

1. The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam - 612 001.

2. The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonam Region, New Railway Station Road, Kumbakonam - 612 001.

3. The Administrator, Tamil Nadu State Transport Corporation Employee Pensions Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 2.

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4 W.P.(MD)NO.13036 OF 2023 G.R.SWAMINATHAN,J.

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