Md. Mobin Ansari v. The State of Bihar
Group Insurance Scheme – payment of compound interest
Case brief
What is this about?
Patna High Court; Harish Kumar, J.; decided 06-07-2026; CWJC No.8413 of 2023; Md. Mobin Ansari v. State of Bihar & Ors.; Veer Kunwar Singh University, Ara; Group Insurance Scheme (GIS); 12.5% compound interest; coordinate Bench order dated 24.01.2018 in C.W.J.C. No. 8700 of 2017; order dated 04.04.2018; notification dated 21.03.2018; Finance Department Resolution No. 4185 B(2) dated 13.07.1985; 4% simple interest w.e.f. March 2002; GIS scheme ended 01.12.2018 by Syndicate decision; intended modification petition; cheque no. 097256 for Rs.3,62,398; representation within two weeks; disposal within ten weeks; payment subject to future modification/clarification; personal appearance dispensed with; writ petition disposed of.
What did the court decide?
Writ petition disposed of with a direction to the Registrar and Finance Officer, Veer Kunwar Singh University, Ara, to ensure payment of 12.5% compound interest on the petitioner's Group Insurance amount; a cheque bearing no. 097256 for Rs.3,62,398/- was furnished in court and handed to the petitioner's counsel; petitioner granted liberty to file a representation with a clear statement of account within two weeks, to be considered and disposed of within ten weeks; payment of GIS interest to abide by any future modification/clarification of the order dated 24.01.2018; personal appearance of the Registrar and Finance Officer dispensed with.