Subramanian.K.R v. The Managing Director

ORDER The present writ petition has been filed seeking direction to the respondents to settle the interest for the belated payment of retirement benefits along with Gratuity, Commutation of Pension, Provident fund and other retirement benefits payable to the petitioner with 6% rate of interest.

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

¶3The petitioner was employed in the respondent Corporation on

14.04.1992. He retired from service on 31.07.2022.

¶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 allowed 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, Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Kumbakonam, Thanjavur District.

2.The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Periyamilagupaarai, Trichy Region, Tiruchirappalli District.

3.The Administrator, Tamil Nadu State Transport Corporation Employees' Pension Fund Trust, Thiruvalluvar House, Pallavan 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 K.R.Subramanian ... Petitioner Vs. 1.The Managing Director, Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Kumbakonam, Thanjavur District. 2.The General Manager, Tamil Nadu State Transport Corporation (Kumbakonam) Limited, Periyamilagupaarai, Trichy Region, Tiruchirappalli District. 3.The Administrator, Tamil Nadu State Transport Corporation Employees' Pension Fund Trust, Thiruvalluvar House, Pallavan 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 settle the interest for the belated payment of retirement benefits along with Gratuity, Commutation of Pension, Provident fund and other retirement benefits payable to the petitioner with 6% rate of interest. For Petitioner : Mr.N.Sudhagar Nagaraj For R-1 & R-2 : Mr.K.Ramaiah Standing Counsel For R-3 : Mr.S.C.Herold Singh Standing Counsel