C.Pichaikaran Cr 09682 v. the Managing Director
Case brief
What is this about?
This petition sought a direction to pay 12% interest on delayed retirement benefits. The Court, relying on a prior order, directed the first respondent to pay penal interest at 6% per annum from the date of retirement until actual disbursement, payable within eight weeks.
What did the court decide?
Directed first respondent to pay penal interest at 6% per annum on belated retirement benefits from retirement date until disbursement within eight weeks.