Shirish Govind Ketkar v. Municipal Corporation of Greater Mumbai and Anr.
Case brief
What is this about?
This Court disposed of multiple contempt petitions and interim applications filed by BEST regarding the rate of interest on delayed retirement benefits. The Court directed BEST to pay interest at 6% per annum instead of 9% within three months.
What did the court decide?
BEST shall pay interest on delayed payment of retirement benefits @ 6% p.a. within three months.