← Library
Madras High CourtWP(MD)/13879/2023allowed

Jeyaraj.P v. The Tamil Nadu State Transport Corporation (Madurai) Limited

2023-06-14Honourable Mr Justice G.R.Swaminathan4 pages

1 W.P.(MD)NO.13879 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.13879 of 2023 P.Jeyaraj ... Petitioner Vs.

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

2. 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 Provident Fund, Gratuity, Terminal Leave Salary and Commuted Value of Pension from the date of the petitioner's retirement to till the date on which the said benefits were settled to the petitioner.

1/4

2 W.P.(MD)NO.13879 OF 2023 For Petitioner : Mr.A.Rahul For Respondents : Mr.S.C.Herold Singh, Standing Counsel.

* * *

O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as driver in the respondent Corporation. He retired on 30.06.2018. 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. 4.This writ petition is allowed accordingly. No costs. 14.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes / No PMU 2/4

3 W.P.(MD)NO.13879 OF 2023 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.

3/4

4 W.P.(MD)NO.13879 OF 2023 G.R.SWAMINATHAN,J.

PMU W.P.(MD)No.13879 of 2023 14.06.2023 4/4