Pandi.V v. The Managing Director

O R D E R Heard the learned counsel on either side.

¶2The petitioner worked as Selection Grade Driver in the respondent Corporation. He retired on 30.06.2019. However, his terminal benefits were settled only on

01.02.2021.

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 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.

24.04.2023 NCS : Yes / No Index : Yes / No Internet : Yes / No PMU 3 W.P.(MD)NO.9495 OF 2023 To:

¶1The Managing Director, Tamil Nadu State Transport Corporation

(KMB) Ltd., New Railway Station Road, Kumbakonam – 612 001.

¶2The General Manager, Tamil Nadu State Transport Corporation

(KMB) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District. 4 W.P.(MD)NO.9495 OF 2023 G.R.SWAMINATHAN,J. PMU W.P.(MD)No.9495 of 2023

24.04.2023

1 W.P.(MD)NO.9495 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 24.04.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.9495 of 2023 V.Pandi ... Petitioner Vs. 1. The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam – 612 001. 2. The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District. ... Respondents Prayer: Writ petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, to direct the respondents to disburse interest at the rate of 6% for the belated payment of retirement benefits Gratuity, Provident Fund and Leave Salary. For Petitioner : Mr.K.Gokul For Respondents : Mr.K.Jagadeesbalan, Standing Counsel. * * * 2 W.P.(MD)NO.9495 OF 2023