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Alagarsamy.A v. The Management of Tamilnadu State Transport Corporation (Madurai) Ltd.,

ALLOWED
Court
High Court of Madras
Decided
14 June 2023
Bench
G.R.Swaminathanauthor
Case no.
WP(MD) 14009/2023

Judgment

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

¶2The petitioner worked as Special Grade Driver in the respondent Corporation. He retired on 31.05.2021. However, his terminal benefits were settled only on 27.03.2023.

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.

14.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes / No PMU 3 W.P.(MD)NO.14009 OF 2023 To:

¶1The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Madurai.

¶2The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai – 2. 4 W.P.(MD)NO.14009 OF 2023 G.R.SWAMINATHAN,J. PMU W.P.(MD)No.14009 of 2023

14.06.2023

Case details

Parties and counsel

1 W.P.(MD)NO.14009 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 14.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.14009 of 2023 A.Alagarsamy ... Petitioner Vs. 1. The Management of Tamil Nadu State Transport Corporation (Madurai) Ltd., Madurai Region, Rep. by its Managing Director, Madurai. 2. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai – 2. ... Respondents Prayer: Writ petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondents to pay the petitioner interest at the rate of 6% per annum, for the period of delay from 01.06.21 to 26.03.23, in paying the amounts paid towards the terminal benefits of the petitioner, namely, EPF Employee's Contribution, Gratuity, Encashment of Earned Leaves and Commutated Value of Pension, within a time frame as may be fixed by this Court and without affecting his right to claim balance amounts towards those benefits. 2 W.P.(MD)NO.14009 OF 2023 For Petitioner : Mr.S.Arunachalam For R-1 : Mr.S.Ramachandra Pradeep, Standing counsel. For R-2 : Mr.S.C.Herold Singh, Standing Counsel. * * *

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.