Marimuthu.R v. The Tamil Nadu State Transport Corporation (Kumbakonam) Limited

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

¶2The petitioner worked as Senior Driver in the respondent Corporation. He retired on 30.06.2022. However, his terminal benefits were settled only on 29.05.2023.

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 3 W.P.(MD)NO.15642 OF 2023 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.

30.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes/ No PMU To:

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

¶2The General Manager, Tamil Nadu State Transport Corporation

(KMB) Ltd., Kumbakonam Region, Kumbakonam – 612 001.

¶3The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Nagapattinam Region, Nagapattinam.

¶4The Chief Financial Officer, Tamil Nadu State Transport Corporation

(KMB) Ltd., Kumbakonam – 612 001.

¶5The Administrator, Tamil Nadu State Transport Corporation Employees' Pension Fund Trust, Thiruvalluvar House, Anna Salai, Chennai – 600 002. 4 W.P.(MD)NO.15642 OF 2023 G.R.SWAMINATHAN,J. PMU W.P.(MD)No.15642 of 2023

30.06.2023

1 W.P.(MD)NO.15642 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 30.06.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.15642 of 2023 R.Marimuthu ... Petitioner Vs. 1. The Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Rep. by its Managing Director, Kumbakonam. 2. The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonam Region, Kumbakonam – 612 001. 3. The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Ltd., Nagapattinam Region, Nagapattinam. 4. The Chief Financial Officer, Tamil Nadu State Transport Corporation (KMB) Ltd., Kumbakonam – 612 001. 5. The Administrator, Tamil Nadu State Transport Corporation Employees' Pension Fund Trust, Thiruvalluvar House, Anna Salai, Chennai – 600 002. ... Respondents 2 W.P.(MD)NO.15642 OF 2023 Prayer: Writ petition filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondents to pay interest @ 18% p.a. for the belated payment of retirement benefits including Gratuity, Provident Fund and Leave encashment within the time limit that may be fixed by this Court. For Petitioner : Mr.D.Senthilkumar For R-1 to R-4 : Mr.K.Ramaiah, Standing Counsel. For R-5 : Mr.S.C.Herold Singh, Standing Counsel * * *