Muniasamy.G v. The General Manager
W.P.(MD).No.19808 of 2021 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 02.11.2021
CORAM
THE HONOURABLE MR.JUSTICE S.S.SUNDAR W.P.(MD).No.19808 of 2021 G.Muniasamy ... Petitioner Vs.
1.The General Manager, The Tamil Nadu State Transport Corporation (Tirunelveli) Limited, Tirunelveli Region, Tirunelveli - 627 003.
2.The Administrator, The Tamil Nadu State Transport Corporation Pension Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai 600 002.
...Respondents
PRAYER: Writ Petition filed under Article 226 of the Constitution of India, praying to issue a Writ of Mandamus, to direct the respondents to pay interest at the rate of 6% per annum, for the period of delay from 30.04.2020 to 05.03.2021 in paying the amounts paid towards the terminal benefits within a time frame as may be fixed by this Court.
For Petitioner :Mr.G.M.Xavier For Respondents :Mr.R.Rajmohan Standing Counsel ***
O R D E R
This Writ Petition is filed to direct the respondents to pay 6% interest for the belated payment of terminal benefits payable to the petitioner from 30.04.2020 to 05.03.2021.
2.Heard Mr.G.M.Xavier, learned Counsel for the petitioner and Mr.R.Rajmohan, learned Standing Counsel for the respondents. 3.By consent of both parties, the Writ Petition is taken up for final disposal at the stage of admission itself. 4.The petitioner is a retired employee of the respondent Transport Corporation. It is stated by the petitioner that he was retired from service on attaining the age of superannuation. Though terminal benefits payable to petitioner was settled, it is stated that there is a long delay. Hence, the petitioner has come forward with the present Writ Petition claiming interest for the belated payment of retirement benefits.
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W.P.(MD).No.19808 of 2021 5.This Court, in similar circumstances, has awarded interest for the belated payment of terminal benefits. It is also admitted that uniformly, this Court has fixed the rate of interest at 6% per annum for the belated payment of terminal benefits. The learned Standing Counsel appearing for the respondent Corporation submitted that the payment of interest may be directed to be settled to the petitioner in six equal monthly instalments commencing from 05th of December 2021.
6.In view of the above, this Writ Petition is disposed of with the direction to the respondent to pay interest at the rate of 6% per annum for the belated payment of retirement benefits for the period from the date when the amount fall due till the date of actual disbursement. The respondents shall calculate the interest forthwith and disburse the entire amount payable in six equal monthly instalments commencing from 05.12.2021. The entire payment should be completed before 05.05.2022. If there is any further delay in payment of interest, the interest will be at 8% per annum and it is also open to the petitioner to approach this Court for higher rate of interest, in case, the dues are not settled within one year from this date. No costs.
Sd/- Assistant Registrar (Records) // True Copy // / /2021 Sub Assistant Registrar(CS) tmg/cmr TO:- 1.The General Manager, The Tamil Nadu State Transport Corporation (Tirunelveli) Limited, Tirunelveli Region, Tirunelveli - 627 003.
2.The Administrator, The Tamil Nadu State Transport Corporation Pension Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai 600 002.
+1 CC to M/s.R. RAJAMOHAN, Advocate (SR-33650[F] dated 02/11/2021) +1 CC to M/s.G.M.XAVIER, Advocate (SR-33563[F] dated 02/11/2021) W.P.(MD)No.19808 of 2021 02.11.2021 SVN(CO) GC/JGB(17.11.2021) 2P 5C https://hcservices.ecourts.gov.in/hcservices/ 2/2