The Court disposed of a writ petition seeking interest for delayed pension settlement. The respondents admitted belated payment and consented to a 4% interest rate, subject to default penalties.
Direction to pay 4% per annum interest on belated terminal benefits within 4 months, with 6% interest on default.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 28.3.2022
CORAM:
THE HON'BLE MR. JUSTICE D.KRISHNAKUMAR
W.P.No.7042 of 2022
1 P.Ponmani ...Petitioner
Vs.
1 The Managing Director, Tamil Nadu State Transport Corporation (vpm) Ltd., No. 3/137, Salamedu, Vazhuthareddy P.O. Villupuram 605 602.
2 The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar House, Pallavan Salai, Chennai-2.
...Respondents
Prayer: Writ Petition filed under Article 226 of the Constitution of India praying for issuance of a Writ of Mandamus, directing the respondents to pay interest at the rate of 4 percent for the belated payment of terminal benefits such as gratuity leave salary commutation of pension and provident fund amount to the petitioner for the period from 30.04.2019 the date of retirement to till the date of settlement by following the order passed in W.A. (MD) Nos. 383 to 457 of 2015, dated 12.06.2015 within a time frame.
For Petitioner : Mr.V.S.Jagadeesan
For Respondent No.1 : Mr.G.Saravanakumar
For Respondent No.2 : Mr.C.S.K.Sathish
O R D E R
The relief sought for in the writ petition is for a mandamus seeking direction to the respondents to pay the interest at the
rate of 4% per annum for the belated payment of terminal benefits such as gratuity, leave salary commutation of pension and Provident fund amount to the petitioner, within a specified time.
Sd/-
Assistant Registrar
True Copy//
Sub Assistant Registrar
vaan
To
1 The Managing Director, Tamil Nadu State Transport Corporation (vpm) Ltd., No. 3/137, Salamedu, Vazhuthareddy P.O. Villupuram 605 602.
+1cc to Mr.G.Saravanakumar, Advocate, S.R.No.20717 +1cc to Mr.V.S.Jagadeesan, Advocate, S.R.No.20550
W.P.No.7042 of 2022
SKM[co] NSK 12/04/2022
2 issues framed by the court
Whether the respondents are directed to pay penal interest for belated payment of terminal benefits.
What rate of interest and time-frame shall be applicable for payment of such benefits.
Colour shows how this judgement treated each authority
Division Bench of this CourtReferred¶21
W.A(MD)No.383 to 457 of 2015, dated 12.06.2015
1 provisions across 1 enactments
1 P. Ponmani
1 The Managing Director, Tamil Nadu State Transport Corporation (vpm) Ltd.
2 The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust
D. Krishnakumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
D. Krishnakumar
Parties & counsel
