Sarguru. G v. The Managing Director

ORDER The present writ petition has been filed seeking direction to the respondents to settle the belated payment interest at the rate of 6 percent p.a. on the delayed payment of retirement benefits such as Provident Fund, Gratuity and Leave Salary from the date of retirement on 31.05.2022 till the date of settlement on 31.05.2023.

¶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 Checking Inspector by the respondent Corporation and 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.

09.08.2023 NCC : Yes / No Index : Yes / No Internet : Yes PNM To

¶1The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Bye-Pass Road, Madurai 16.

¶2The General Manager, Tamil Nadu State Transport Corporation (Madurai) Ltd., Dindigul Region, Dindigul.

¶3The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai 02.

L.VICTORIA GOWRI, J.

PNM ORDER IN

09.08.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 09.08.2023 CORAM THE HONOURABLE MRS.JUSTICE L.VICTORIA GOWRI G.Sarguru ... Petitioner Vs 1. The Managing Director, Tamil Nadu State Transport Corporation (Madurai) Ltd., Bye-Pass Road, Madurai 16. 2. The General Manager, Tamil Nadu State Transport Corporation (Madurai) Ltd., Dindigul Region, Dindigul. 3. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai 02. ... 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 belated payment interest at the rate of 6 percent p.a. on the delayed payment of retirement benefits such as Provident Fund, Gratuity and Leave Salary from the date of retirement on 31.05.2022 till the date of settlement on 31.05.2023. For Petitioner : Mr.S.Govindan For Respondents : Mr.S.Siva Balaji (R1, R2) Standing Counsel Mr.S.C.Herold Singh (R3) Standing Counsel