- Court
- High Court of Madras
- Decided
- 5 June 2023
- Bench
- G.R.Swaminathan
- Case no.
- WP(MD) 12911/2023
Judgment
ORDER Heard the learned counsel on either side.
¶2The writ petitioner joined the respondent Corporation as Tradesman. He retired on 30.06.2021. However, his terminal benefits were settled only on
13.03.2023. 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.
¶3This writ petition is allowed accordingly. There shall be no order as to costs.
05.06.2023 Index : Yes / No Internet : Yes / No NCC : Yes / No MGA To
1.The General Manager, Management of Tamil Nadu State Express Transport Corporation Ltd., Pallavan Salai, Chennai – 2.
2.The Administrator, Tamil Nadu State Transport Employees' Pension Fund Trust, Thiruvalluvar Illam, Anna Salai, Chennai – 2.
G.R.SWAMINATHAN, J. MGA
05.06.2023
Case details
Parties and counsel
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 05.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN G.Gipson Jayakumar ... Petitioner Vs 1.The Management of Tamil Nadu State Express Transport Corporation Ltd., Represented by its General Manager, Pallavan Salai, Chennai – 2. 2.The Administrator, Tamil Nadu State Transport Employees' Pension Fund Trust, Thiruvalluvar Illam, Anna Salai, Chennai – 2. ... Respondents Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondents to pay the petitioner interest at the rate of 12 % per annum, for the period of delay from the petitioner's date of retirement (30.06.2021) to till the date of reimbursement (13.03.2023) of amount paid towards the petitioner's terminal and pension benefits, namely, EPF Employee's Contribution, Gratuity and Encashment of Earned / Sick Leave and commutation value of pension and other monitory benefits etc., within a time frame as may be fixed by this Court, without affecting the petitioner's right to claim balance amounts towards those benefits. For Petitioner : Mr.R.Murugan For Respondents : Mr.K.Senthil Kumar Standing Counsel for R.1 Mr.S.C.Herold Singh Standing Counsel for R.2
Source: High Court of Madras, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.