Ramamoorthy.P v. the Management of
Case brief
What is this about?
Cited Gurumoorthy vs TNSTC to direct the retirement benefit authorities to pay penal interest at 6% per annum for a one-year delay in settling a retired employee's terminal benefits.
What did the court decide?
Direction to pay penal interest at 6% p.a. on belated retirement benefits payment from date of retirement till actual disbursement.