M. Ulaganathan, Vs the Managing Director

PRAYER : Writ Petition filed under Article 226 of the Constitution of India praying for issuance of a Writ of Mandamus, directing the respondents to settle the interest for the belated payment of retirement benefits such as provident fund, gratuity, Commutation of pension and other retirement benefits payable to the petitioner with 12 percent rate of interest within the time frame that may be stipulated by this Court.

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https://www.mhc.tn.gov.in/judis

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For Petitioner : Mr.L.Poovendra Perumal For R1 : Mr.A.Vinothraj For R2 : Mr.C.S.K.Sathish

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W.P.No.2576 of 2026

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O R D E R

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This Writ Petition has been filed directing the respondents to settle the interest for the belated payment of retirement benefits such as provident fund, gratuity, Commutation of pension and other retirement benefits payable to the petitioner with 12 percent rate of interest within the time frame that may be stipulated by this Court.

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It is the case of the petitioner that the petitioner, who had joined the

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services of the respondent Corporation, had retired from service on 31.10.2022, however, the terminal benefits have been settled only on 23.05.2023. Therefore, the petitioner claimed 12% interest on the belated payment of terminal benefits and he has also made representation on 05.01.2026 to pay interest for the belated payment of terminal benefits which has not been evoked any response so far. Hence, the petitioner is

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https://www.mhc.tn.gov.in/judis

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W.P.No.2576 of 2026

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before this Court.

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Heard the learned counsels appearing on either side and perused the materials available on record.

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In view of the limited request made by the petitioner with regard to interest on the belated payment of terminal benefits, this Court directs the respondent to pay interest @ 6% for the belated payment of terminal benefits from the date of retirement till the date of actual disbursal of terminal benefits of the petitioner, within a period of six weeks from the date of receipt of a copy of this order taking into account the bank rate of interest on deposits.

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