Arumugam .K v. The Management Of
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 26.09.2022
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN K.Arumugam ... Petitioner Vs The Management of Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Trichy Region, Represented by its General Manager Trichy.
... Respondent Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondent to pay the petitioner interest at the rate of 6 percent per annum, for the period of delay from 01.05.2020 to 01.06.2021 in paying the amounts paid towards his terminal benefits namely EPF Employee's Contribution and Gratuity within a time frame as may be fixed by this Court.
For Petitioner : Mr.S.Arunachalam For Respondent : Mr.K.Jagadeesbalan Standing Counsel 1/3
ORDER
Heard the learned counsel on either side.
2. The petitioner worked as Conductor in the respondent Corporation. He retired on 30.04.2020. However, his terminal benefits were settled only on 02.06.2021. 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.
3. This writ petition is allowed. No costs.
26.09.2022 Index : Yes / No Internet : Yes/ No mga To The General Manager, Management of Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Trichy Region, Trichy.
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G.R.SWAMINATHAN, J.
mga 26.09.2022 3/3