Arockia Paulraj I v. The Managing Director
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 19.06.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN I.Arockia Paulraj ... Petitioner Vs.
1.The Managing Director, Tamilnadu State Transport Corporation Limited, Madurai Division, Bye Pass Road, Madurai - 625 016.
2.The General Manager, Tamilnadu State Transport Corporation Limited, Madurai Division, Bye Pass Road, Madurai - 625 016.
3.The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallaven Salai, Chennai - 600 002.
... Respondents Prayer: Writ petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondents to pay 6% interest for the belated payment of difference in Commutation amount of Rs.5,15,940/- from the date of the petitioner's retirement i.e., 31.03.2018 to till the date of actual payment made to him i.e., 30.01.2021 and all other attendant benefits to him within the stipulated period. 1/4
For Petitioner : Mr.A.K.Thangavelu For Respondents : Mr.S.Sivabalaji, Standing Counsel for R1 & R2.
Mr.S.C.Herold Singh, Standing Counsel for R3.
O R D E R
Heard the learned counsel on either side.
2.The writ petitioner joined the respondent corporation as Helper in the year 1981. He retired from service on 31.03.2018. However, his terminal benefits were settled only on 31.01.2021. 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
4.This writ petition is allowed accordingly. No costs. 19.06.2023 NCC : Yes / No Index : Yes / No Internet : Yes / No ias 3/4
G.R.SWAMINATHAN,J.
ias 19.06.2023 4/4