P. Ramesh v. the Managing Director
Case brief
What is this about?
The High Court, Madurai Bench, issued a writ of mandamus directing the Tamil Nadu State Transport Corporation to pay penal interest at 6% per annum on belatedly settled terminal retirement benefits. The Court rejected the request for installment payments due to the prejudice caused to the retired employee.
What did the court decide?
Direction to pay penal interest at 6% per annum on belated retirement benefits within three months.