- Court
- High Court of Madras
- Decided
- 7 June 2023
- Bench
- G.R.Swaminathan
- Case no.
- WP(MD) 13141/2023
Judgment
ORDER Heard the learned counsel on either side.
2.The writ petitioner joined the respondent corporation as Conductor in the year 1987. He retired from service on 30.04.2019. However, his terminal benefits were settled only on 02.02.2021.
3.It is well settled that for such belated settlement, the retired employee is entitled to interest. I, therefore, direct the respondent Corporation to pay 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.
4.This writ petition is allowed accordingly. No costs.
07.06.2023 NCC : Yes/No Index : Yes / No Internet : Yes/ No rmi
G.R.SWAMINATHAN, J. rmi
07.06.2023
Case details
Parties and counsel
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 07.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN P.Manokaran ... Petitioner Vs. 1.The General Manager, Tamil Nadu State Transport Corporation (Madurai)Ltd., Madurai Region, Madurai. 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 this Court 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 01.05.2019 to 02.02.2021 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.K.Ramaiah Standing Counsel for R1 : Mr.S.C.Herold Sing Standing Counsel for R2
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