Madras High CourtWP(MD)/15837/2023allowed

S.Udayakumar v. The Managing Director

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

1 W.P.(MD)NO.15837 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.15837 of 2023 S.Udayakumar ... Petitioner Vs.

1. The Management of Tamil Nadu State Transport Corporation (KMB) Ltd., TNSTC Head Office, NO.27, Railway Station New Road, Kumbakonam - 612 001.

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

... 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 on the delayed payment of retirement benefits paid to the petitioner, from the date of his retirement i.e., 31.08.2022 to actual payment made on 31.05.2023 in view of this Court orders and the petitioner's representation dated 16.06.2023.

For Petitioner : Mr.P.Vijaynivas For R-1 : Mr.K.Ramaiah, Standing Counsel.

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

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2 W.P.(MD)NO.15837 OF 2023

O R D E R

Heard the learned counsel on either side.

2. The petitioner worked as Conductor Grade-V in the respondent Corporation. He retired on 31.08.2022. However, his terminal benefits were settled belatedly. 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.15837 OF 2023 To:

1. Tamil Nadu State Transport Corporation (KMB) Ltd., TNSTC Head Office, NO.27, Railway Station New Road, Kumbakonam - 612 001.

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

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4 W.P.(MD)NO.15837 OF 2023 G.R.SWAMINATHAN,J.

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