Kumar.v v. The Managing Director
Case brief
What is this about?
Petitioner, a retired driver, sought interest for belated payment of gratuity, provident fund, and leave salary. The High Court held that interest is payable and directed the corporation to pay 6% per annum for the delay period.
What did the court decide?
Interest at 6% per annum on belated disbursement from retirement date to settlement date, payable within twelve weeks.