C. Gurupandy v. The Tamil Nadu State Transport Corporation (Madurai) Ltd
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 20.10.2022
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN C.Gurupandy ... Petitioner Vs 1.The Tamil Nadu State Transport Corporation (Madurai) Ltd., Represented by its Managing Director, Madurai.
2.The General Manager, Tamil Nadu State Transport Corporation (Madurai) Ltd., Virudhunagar Region, Virudhunagar.
3.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 to issue a Writ of Mandamus, directing 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 1/4
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.Ramachandra Pradeep Standing Counsel
ORDER
Heard the learned counsel on either side.
2. The writ petitioner joined the respondent Corporation as Conductor. He retired on 31.05.2018. However, his terminal benefits were settled only on 21.09.2019. 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.
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To 1.The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Madurai.
2.The General Manager, Tamil Nadu State Transport Corporation (Madurai) Ltd., Virudhunagar Region, Virudhunagar.
3.The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 02.
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G.R.SWAMINATHAN, J.
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