Madras High CourtWP(MD)/15186/2023allowed

Mathalaimuthu .A v. The Managing Director

2023-06-26Honourable Mr Justice G.R.Swaminathan4 pages

1 W.P.(MD)NO.15186 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 26.06.2023

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.15186 of 2023 A.Mathalaimuthu ... Petitioner Vs.

1. The Managing Director, Tamil Nadu State Transport Corporation (MDU) Ltd., Bye-pass Road, Madurai.

2. The Administrator, Tamil Nadu State Transport Corporation 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 pay the 6% interest on the delayed payment of retirement benefits paid to the petitioner, from the date of his retirement on 31.05.2022 to actual payment made on 30.05.2023, in view of this Court orders and the petitioner's representation dated 16.06.2023.

For Petitioner : Mr.P.Vijaynivas For R-1 : Mr.Gladson Micheal Rajadurai, Standing counsel.

For R-2 : Mr.S.C.Herold Singh, Standing counsel.

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2 W.P.(MD)NO.15186 OF 2023

O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as Tradesman in the respondent Corporation. He retired on 31.05.2022. However, his terminal benefits were settled only on 30.05.2023.

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 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. 26.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes / No PMU 2/4

3 W.P.(MD)NO.15186 OF 2023 To:

1. The Managing Director, Tamil Nadu State Transport Corporation (MDU) Ltd., Bye-pass Road, Madurai.

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

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4 W.P.(MD)NO.15186 OF 2023 G.R.SWAMINATHAN,J.

PMU W.P.(MD)No.15186 of 2023 26.06.2023 4/4