Venugopal.R v. The Tamilnadu State Transport Corporation (Kumbakonam) Limited

ORDER The present writ petition has been filed seeking direction to the respondents to pay along with interest at the rate of 18% per annum for the belated payment of retirement benefits including Provident Fund and Commutation.

¶2By consent of both parties, this Writ Petition is taken up for final disposal at the stage of admission itself.

¶3The petitioner was employed as Conductor by the respondent Corporation on 10.05.1991. He retired from service on 31.05.2022.

¶4It is admitted that his terminal benefits were not settled immediately but only belatedly. The only question that arises for consideration is as regards the rate of interest payable on the belated settlement.

¶5The issue raised in this writ petition was already decided by this Court vide order, dated 07.03.2023 in W.P(MD)No.4866 of 2023 (C.Murugan Vs. The Tamil Nadu State Transport Corporation (Tirunelveli) Ltd., & Another).

¶6In view of the above, this Writ Petition stands disposed of by directing the respondent Corporation to pay interest at the rate of 6% per annum for belated settlement of petitioner's terminal benefits. This shall be done within a period of twelve (12) weeks from the date of receipt of a copy of this order. There shall be no order as to costs.

31.07.2023 NCC : Yes / No Index : Yes / No Internet : Yes BTR To

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

2.The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Trichy Region, Trichy-620 001.

3.The Chief Financial Officer, The Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Kumbakonam-612 001.

4.The Administrator, Tamil Nadu State Transport Corporation Employees' Pension Fund Trust, Thiruvalluvar House, Anna Salai, Chennai-600 002.

L.VICTORIA GOWRI, J.

BTR

31.07.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 31.07.2023 CORAM THE HONOURABLE MRS.JUSTICE L.VICTORIA GOWRI R.Venugopal ... Petitioner Vs. 1.The Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Represented by its Managing Director, Kumbakonam. 2.The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Trichy Region, Trichy-620 001. 3.The Chief Financial Officer, The Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Kumbakonam-612 001. 4.The Administrator, Tamil Nadu State Transport Corporation Employees' Pension Fund Trust, Thiruvalluvar House, Anna Salai, Chennai-600 002. ... Respondents Prayer : Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, directing the respondents to pay along with interest at the rate of 18% per annum for the belated payment of retirement benefits including Provident Fund and Commutation within the time limit that may be fixed by this Court. For Petitioner : Mr.D.Siva Raman For R-1 to R-3 : Mr.K.Ramaiah Standing Counsel For R-4 : Mr.S.C.Herold Singh