Rakkappan S v. The Managing Director

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

2.The writ petitioner joined the respondent corporation as Conductor in the year 1995. He retired from service on 29.02.2020. However, his terminal benefits were settled only on 03.06.2021.

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.

12.06.2023 NCC : Yes / No Index : Yes / No Internet : Yes / No ias G.R.SWAMINATHAN,J. ias

12.06.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 12.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN S.Rakkappan ... Petitioner Vs. 1.The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., 27, New Railway Station Road, Kumbakonam – 612 001. 2.The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonam Region, 27, New Railway Station Road, Kumbakonam – 612 001. 3.The Administrator, Tamilnadu State Transport Corporation Employees Pensions Fund Trust, Thiruvalluvar House, Pallavan Salai, Chennai – 600 002. ... 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 percent for the belated payment of retirement benefits Gratuity, Provident Fund, Leave Salary and Commutation. For Petitioner : Mr.K.Gokul For Respondents : Mr.K.Jagadees Balan, Standing Counsel for R1 & R2. Mr.S.C.Herold Singh, Standing Counsel for R3.