Jeyaraman.A v. The Managing Director

ORDER The present writ petition has been filed seeking direction to the respondents to pay the 6% interest on the delayed payment of retirement benefits paid to the petitioner, from the date of his retirement on 30.06.2018 to actual payment made on 21.09.2019, in view of the Honble High Court orders and the petitioner's representation, dated 05.06.2023.

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

¶3The petitioner was employed in the respondent Corporation in the year 1980. He retired from service on 30.06.2018.

¶4It is admitted that the petitioner's 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 by considering the representation of the petitioner, dated 05.06.2023. 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.

15.09.2023 NCC : Yes / No Index : Yes / No Internet : Yes BTR To

1.The Managing Director, Tamil Nadu State Transport Corporation

(MDU) Limited, Madurai.

2.The Administrator, Tamil Nadu State Transport Corporation Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai-02.

L.VICTORIA GOWRI, J.

BTR

15.09.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 15.09.2023 CORAM THE HONOURABLE MRS.JUSTICE L.VICTORIA GOWRI A.Jeyaraman ... Petitioner Vs. 1.The Managing Director, Tamil Nadu State Transport Corporation (MDU) Limited, Madurai. 2.The Administrator, Tamil Nadu State Transport Corporation 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 pay the 6% interest on the delayed payment of retirement benefits paid to the petitioner, from the date of his retirement on 30.06.2018 to actual payment made on 21.09.2019, in view of the Honble High Court orders and the petitioner's representation, dated 05.06.2023. For Petitioner : Mr.P.Vijaynivas For Respondents : Mr.S.C.Herold Singh Standing Counsel