S.R Rajan v. The Managing Director
Case brief
What is this about?
Writ petition seeking interest on delayed payment of retirement benefits by a transport corporation. The court, noting the delay was admitted and the petitioner entitled to statutory interest, directed the respondents to pay 6% per annum on the belated terminal benefits within twelve weeks.
What did the court decide?
Respondents directed to pay 6% per annum interest on belated terminal benefits from date of entitlement till payment, within 12 weeks; no costs.