M.Krishnamoorthy v. The Tamil Nadu State Transport Corporation (Madurai) Limited
Case brief
What is this about?
A retired transport corporation conductor sought 6% interest on belated settlement of his Provident Fund, Gratuity, Terminal Leave Salary and Commuted Pension. Following the court's earlier decision in C.Murugan, the writ petition was allowed with a direction to pay 6% interest from retirement to actual disbursement.
What did the court decide?
Interest at 6% per annum on belated retirement benefits from date of retirement till actual disbursement, payable within three months; no costs.