Arulanandam S v. The Managing Director

ORDER Heard the learned counsel on either side.

¶2The writ petitioner joined the respondent Corporation as Driver. He retired on 31.08.2022. However, his terminal benefits were settled only on

23.05.2023. 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.

21.06.2023 Index : Yes / No Internet : Yes / No NCC : Yes / No MGA To

1.The Managing Director, Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., New Railway Station Road, Kumbakonam – 612 001.

2.The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District.

3.The Administrator, Tamil Nadu State Transport Corporation Employees Pensions Fund Trust, Thiuruvalluvar Illam, Pallavan Salai, Chennai – 2.

G.R.SWAMINATHAN, J. MGA

21.06.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 21.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN S.Arulanandam ... Petitioner Vs 1.The Managing Director, Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., New Railway Station Road, Kumbakonam – 612 001. 2.The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District. 3.The Administrator, Tamil Nadu State Transport Corporation Employees Pensions Fund Trust, Thiuruvalluvar Illam, Pallavan Salai, Chennai – 2. ... Respondents Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, direct the respondents to disburse interest at the rate of 6% for the belated payment of retirement benefits Gratuity, Provident Fund, Leave Salary and Commutation. For Petitioner : Mr.K.Gokul For Respondents : Mr.K.Ramaiah Standing Counsel for R.1 & R.2 Mr.S.C.Herold Singh Standing Counsel for R.3