S. Mahalingam v. The Managing Director

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

¶2The petitioner worked as Senior Grade Driver in the respondent Corporation. He retired on 31.10.2022 However, his terminal benefits were settled only on

31.05.2023.

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 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 3 W.P.(MD)NO.15757 OF 2023 To:

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

¶2The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District. 4 W.P.(MD)NO.15757 OF 2023 G.R.SWAMINATHAN,J. PMU W.P.(MD)No.15757 of 2023

30.06.2023

1 W.P.(MD)NO.15757 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.15757 of 2023 S.Mahalingam ... Petitioner Vs. 1. The Managing Director, Tamil Nadu State Transport Corporation (KMB) Ltd., New Railway Station Road, Kumbakonam – 612 001. 2. The General Manager, Tamil Nadu State Transport Corporation (KMB) Ltd., Karaikudi Region, Managiri Post, Maruthapathi, Karaikudi, Sivagangai District. ... Respondents Prayer: Writ petition filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondent to disburse interest @ 6% p.a. for the belated payment of retirement benefits Gratuity, Provident Fund and Leave salary. For Petitioner : Mr.K.Gokul For Respondents: Mr.K.Ramaiah, Standing Counsel. * * * 2 W.P.(MD)NO.15757 OF 2023