M Bhadragiri v. the Managing Director Bmtc
Case brief
What is this about?
Petitioner sought interest for delayed leave encashment. Court referred prior judgments and a Government Order directing 6% interest. Partly allowed petition, directing payment at 6% per annum within eight weeks, with escalation to 9% for further delay.
What did the court decide?
Directed respondent to pay interest at 6% per annum within eight weeks; further delay attracts 9% per annum.