Karuppiah. T v. The Managing Director

ORDER Heard the learned counsel on either side.

2.The writ petitioner joined the respondent corporation as Conductor in the year 1988. He retired from service on 31.08.2017. However, his terminal benefits were settled only on 30.01.2021.

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 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.

4.This writ petition is allowed accordingly. No costs.

06.04.2023 Index : Yes / No Internet : Yes/ No rmi

G.R.SWAMINATHAN, J. rmi

06.04.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 06.04.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN T.Karuppiah ... Petitioner Vs. 1.The Managing Director, Tamil Nadu State Transport Corporation (Kum) Limited, TNSTC Head Office, No.27, Railway Station New Road, Kumbakonam-612 001. 2.The Administrator, Tamil Nadu State Transport Corporation, 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 pay 6% interest on the delayed payment of commutation benefits paid to the petitioner from the date of his retirement ie., 31.08.2017 to actual payment made on 30.01.2021 in view of the High Court orders and the petitioner's representation dated 09.03.2023. For Petitioner : Mr.SP.Vijay Nivas For Respondent : Mr.K.Jegadees Balan for R1 : Mr.S.C.Herold Singh for R2