T.Nagarajan, v. the Managing Director
Case brief
What is this about?
The Madurai Bench directed the Tamil Nadu State Transport Corporation to pay the petitioner's unsettled retirement benefits in twelve equal monthly instalments starting March 2010, carrying 6% interest, with 18% interest applicable for delayed payments. The petitioner retains the right to challenge the computation.
What did the court decide?
Direction to pay unsettled terminal benefits in twelve monthly instalments with 6% interest, reducible to 18% in case of delay.