Madras High CourtWP(MD)/15580/2023allowed

Aravind V v. The Managing Director

2023-06-30Honourable Mr Justice G.R.Swaminathan4 pages

1 W.P.(MD)NO.15580 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.15580 of 2023 V.Aravind ... Petitioner Vs.

1. The Managing Director, Tamil Nadu State Transport Corporation Ltd., Thirunelveli Division, K.T.C.Nagar, Thirunelveli - 627 011.

2. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallvan Salai, Chennai - 600 002.

... Respondents Prayer: Writ petition 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 terminal benefits such as P.F. Gratuity, leave salary and commutation payable to the petitioner from the date of his retirement i.e. on 31.05.2022 to till the date of actual payment made to him i.e. 08.06.2023.

For Petitioner : Mr.AK.Thangavelu For R-1 : Mr.K.Ramaiah, Standing Counsel.

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

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2 W.P.(MD)NO.15580 OF 2023

O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as General Manager in the respondent Corporation. He retired on 31.05.2022. However, his terminal benefits were settled only on 08.06.2023. 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.15580 OF 2023 To:

1. The Managing Director, Tamil Nadu State Transport Corporation Ltd., Thirunelveli Division, K.T.C.Nagar, Thirunelveli - 627 011.

2. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallvan Salai, Chennai - 600 002.

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4 W.P.(MD)NO.15580 OF 2023 G.R.SWAMINATHAN,J.

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