Paramasivam.R v. The Tamilnadu State Transport Corporation (Madurai) Ltd.,

1 W.P.(MD)NO.13920 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 14.06.2023

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.13920 of 2023 R.Paramasivam ... Petitioner Vs.

1. The Tamil Nadu State Transport Corporation (Madurai) Ltd., Rep. by its Managing Director, Madurai.

2. The General Manager, Tamil Nadu State Transport Corporation (Madurai) Ltd., Virudhunagar Region, Virudhunagar.

3. The Administrator, Tamil Nadu State Transport Corporation Employees Pension 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, directing the respondents to settle interest at the rate of 6% per annum for the belated payment of petitioner's terminal benefits including Gratuity, Provident Fund, Leave Salary and Commuted Value of Pension from the date of the petitioner's 1/4

2 W.P.(MD)NO.13920 OF 2023 retirement to till the date on which the said benefits were settled to the petitioner.

For Petitioner : Mr.A.Rahul For Respondents : Mr.S.C.Herold Singh, Standing Counsel.

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O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as Special Grade Driver in the respondent Corporation. He retired on 31.05.2021. However, his terminal benefits were settled belatedly.

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

3 W.P.(MD)NO.13920 OF 2023 4.This writ petition is allowed accordingly. No costs. 14.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes / No PMU To:

1. The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Madurai.

2. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 2.

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4 W.P.(MD)NO.13920 OF 2023 G.R.SWAMINATHAN,J.

PMU W.P.(MD)No.13920 of 2023 14.06.2023 4/4