Dhandapani.G (Staff No.Tr40296) v. The Managing Director

ORDER Heard the learned counsel on either side.

¶2The writ petitioner was working as Senior Grade Tradesman in the respondent Corporation. He retired on 31.07.2022. However, his terminal benefits were settled on 30.05.2023. 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 (Madurai) Ltd., Bye-pass Road, Madurai.

2.The Administrator, Tamil Nadu State Transport Corporation Pension Fund Trust, Thiuruvalluvar Illam, Pallavan Salai, Chennai – 02.

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 G.Dhandapani ... Petitioner Vs 1.The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Bye-pass Road, Madurai. 2.The Administrator, Tamil Nadu State Transport Corporation Pension Fund Trust, Thiuruvalluvar Illam, Pallavan Salai, Chennai – 02. ... 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 6% interest on the delayed payment of retirement benefits paid to the petitioner, from the date of the petitioner's retirement on 31.07.2022 to actual payment made on 30.05.2023, in view of this Court orders and the petitioner's representation dated 05.06.2023. For Petitioner : Mr.K.Gokul For Respondents : Mr.S.Raja Standing Counsel for R.1 Mr.S.C.Herold Singh Standing Counsel for R.2