Radhakrishnan R v. The Tamil Nadu State Transport Corporation (Madurai) Limited
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 21.06.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN R.Radhakrishnan ... Petitioner Vs The Tamil Nadu State Transport Corporation (Madurai) Ltd., Represented by its Managing Director, Madurai.
... Respondent Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondent to settle interest at the rate of 6% per annum for the belated payment of petitioner's terminal benefits including Provident Fund and Gratuity from the date of the petitioner's retirement to till the date on which the said benefits were settled to him. For Petitioner : Mr.A.Rahul For Respondent : Mr.S.Raja Standing Counsel 1/3
ORDER
Heard the learned counsel on either side.
2. The writ petitioner joined the respondent Corporation as Conductor. He retired on 31.03.2022. However, his terminal benefits were settled only on 27.03.2023. It is well settled that for such belated settlement, the retired employee is entitled to interest. I therefore direct the respondent Corporation to pay 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.
3. This writ petition is allowed accordingly. There shall be no order as to costs.
21.06.2023 Index : Yes / No Internet : Yes / No NCC : Yes / No MGA To The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Madurai.
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G.R.SWAMINATHAN, J.
MGA 21.06.2023 3/3