Jeyakodi.A v. The Tamilnadu State Transport Corporation (Madurai) Limited

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 18.10.2022

CORAM

THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN A.Jeyakodi ... Petitioner Vs.

1.The Tamil Nadu State Transport Corporation (Madurai) Ltd., Represented by its Managing Director, Madurai.

2.The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-02.

... Respondents Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, to direct the respondents to settle interest at the rate of 6 percent per annum for the belated payment of petitioner's terminal benefits including Provident Fund, Gratuity, Commuted Value of Pension and Terminal Leave Salary from the date of his retirement to till the date on which the said benefits were settled to him. For Petitioner : Mr.A.Rahul For Respondents : Mr.S.C.Herold Singh 1/3

ORDER

Heard the learned counsel on either side.

2. The writ petitioner is a retired employee of the respondent Corporation. He reached the age of superannuation on 31.12.2019. His retirement benefits were however settled only on 24.01.2021. It is well settled that on such belated payment, the petitioner is entitled to 6% interest.

3. Therefore, the respondent is directed to pay interest to the writ petitioner at the rate of 6% per annum for the delay period from 31.12.2019 to 24.01.2021. This amount shall be paid within a period of three months from the date of receipt of a copy of this order.

4. The Writ Petition is allowed on these terms. No costs. 18.10.2022 Index : Yes / No Internet : Yes/ No rmi 2/3

G.R.SWAMINATHAN, J.

rmi 18.10.2022 3/3