Manimuthu.R v. The Management of Tamil Nadu State Transport Corporation (Kumbakonam) Ltd.,

ORDER Heard the learned counsel on either side.

¶2The writ petitioner joined the respondent Corporation as Conductor. He retired on 31.10.2021. However, his terminal benefits were settled only on

26.03.2023. 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. There shall be no order as to costs.

05.06.2023 Index : Yes / No Internet : Yes / No NCC : Yes / No MGA To The Managing Director, Management of Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Pudukottai Region, Pudukottai.

G.R.SWAMINATHAN, J. MGA

05.06.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 05.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN R.Manimuthu ... Petitioner Vs The Management of Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Pudukottai Region, Represented by its Managing Director, Pudukottai. ... Respondent Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondent to pay the petitioner interest for at the rate of 18 percent per annum, for the period of delay from 01.11.2021 to 26.03.2023, in paying the amounts paid towards the terminal benefits, namely, EPF Employees Contribution, Gratuity and Encashment of Leaves, within a time frame as may be fixed by this Court without affecting his right to claim balance amounts towards those benefits. For Petitioner : Mr.S.Arunachalam For Respondent : Mr.K.Jagadees Balan Standing Counsel