V.Shanmugasundaram v. The Managing Director
Case brief
What is this about?
The Single Judge of the Madras High Court disposed of this writ petition seeking interest for belated retirement benefits. Relying on a subsequent order (W.P. No. 506 of 2021) that reduced rates due to the pandemic, the court directed the Transport Corporation to pay interest at 4% per annum in six monthly instalments.
What did the court decide?
Directing the respondents to pay interest at 4% per annum for belated payment of pension and retirement benefits by way of six equated monthly instalments.