Manickam.R v. The Managing Director

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 20.09.2023

CORAM

THE HONOURABLE MRS.JUSTICE L.VICTORIA GOWRI R.Manickam ... Petitioner Vs.

1.The Managing Director, Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam-612 001.

2.The General Manager, Corporation (KMB) Ltd., Karaikudi Region, Mardhupathi, Managiri Post, Karaikudi, Sivagangai District.

3.The Administrator, Corporation Employee's Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-600 002.

... Respondents Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, direct the respondent to 1/4

disburse interest at the rate of 6% for the belated payment of retirement benefit Commutation.

For Petitioner : Mr.K.Gokul For R1 & R2 : Mr.K.Ramaiah Standing Counsel For R3 : Mr.S.C.Herold Singh Standing Counsel

ORDER

The present writ petition has been filed seeking direction to the respondents to disburse interest at the rate of 6% for the belated payment of retirement benefit Commutation.

2. Heard the learned counsel on either side.

3. The petitioner was employed as Conductor by the respondent corporation on 05.02.1986. He retired from service on 31.07.2017.

4. It is admitted that his terminal benefits were not settled immediately but only belatedly. The only question that arises for consideration is as regards the rate of interest payable on the belated settlement. 2/4

5. The issue raised in this writ petition was already decided by this Court vide order, dated 07.03.2023 in W.P(MD)No.4866 of 2023 (C.Murugan Vs. The Tamil Nadu State Transport Corporation (Tirunelveli) Ltd., & Another).

6. In view of the above, this Writ Petition is disposed of by directing the respondent management to pay interest at the rate of 6% per annum for belated settlement of petitioner's terminal benefits. This shall be done within a period of twelve (12) weeks from the date of receipt of a copy of this order. No costs. 20.09.2023 NCC : Yes / No Index : Yes / No Internet : Yes gbg To 1.The Managing Director, Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam-612 001.

2.The General Manager, Corporation (KMB) Ltd., Karaikudi Region, Mardhupathi, Managiri Post, Karaikudi, Sivagangai District.

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L.VICTORIA GOWRI, J.

gbg 3.The Administrator, Corporation Employee's Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-600 002.

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