Ramasamy .T v. The Managing Director
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 21.06.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN T.Ramasamy ... Petitioner Vs.
1.The Managing Director, Tamil Nadu State Transport Corpn., (KMB) Ltd., New Railway Station Road, Kumbakonam - 612 001.
2.The General Manager, Tamil Nadu State Transport Corpn., (KMB) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District.
3.The Administrator, Tamilnadu State Transport Corporation, Employees Pensions Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 2.
... Respondents Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, directing the respondents to disburse interest at the rate of 6% for the belated payment 1/4
of retirement benefits Gratuity, Provident Fund, Leave Salary and Commutation.
For Petitioner : Mr.K.Gokul For Respondents : Mr.K.Ramaiah, Standing Counsel for R1 & R2.
Mr.S.C.Herold Singh, Standing Counsel for R3.
ORDER
Heard the learned counsel on either side.
2.The writ petitioner joined the respondent corporation as Conductor in the year 1986. He retired from service on 31.05.2022. However, his terminal benefits were settled only on 23.05.2023. 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 2/4
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. 21.06.2023 NCC : Yes/No Index : Yes / No Internet : Yes/ No ias 3/4
G.R.SWAMINATHAN, J.
ias 21.06.2023 4/4