Marimuthu .R v. The Managing Director

1 W.P.(MD)NO.15571 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 30.06.2023

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.15571 of 2023 R.Marimuthu ... Petitioner Vs.

The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonam - 612 001.

... Respondent Prayer: Writ petition filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondents to pay interest at the rate of 6% per annum for the delayed payment of Gratuity, Employees Provident Fund, Earned Leave salary and Fund of retirement benefits scheme(RBS) from the date of retirement to till the date of payment to the petitioner within the time stipulated by this Court.

For Petitioner : Mr.D.Venkatachalam For Respondent : Mr.K.Ramaiah, Standing Counsel.

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2 W.P.(MD)NO.15571 OF 2023

O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as Special Grade Driver in the respondent Corporation. He retired on 31.05.2022. However, his terminal benefits were settled only in May 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. 30.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes/ No PMU 2/4

3 W.P.(MD)NO.15571 OF 2023 To:

The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonm - 612 001.

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4 W.P.(MD)NO.15571 OF 2023 G.R.SWAMINATHAN,J.

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