Court directed 6% interest on delayed retirement benefits from superannuation date to payment.

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 26-03-2026 CORAM THE HON'BLE MS. JUSTICE P.T. ASHA B.Lawrence Sundaram ..Petitioner(s)

Vs

1. The Managing Director Metropolitan Transport Corporation (Chennai)

Limited, Pallavan Illam, Mount Road, Pallavan Salai, Chennai-600 002

2. Tamil Nadu State Transport Corporation, Employees Pension Fund Trust, Rep. by its Administrator, Thiruvalluvar Illam, Pallavan Salai, Chennai-600 002 ..Respondent(s)

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, earned leave surrender, 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 For Petitioner(s): Mr.L.Poovendra Perumal For Respondent(s): Ms.Jayalakshmi Standing Counsel for R1

Order

The Writ Petition has been filed seeking to issue a writ of Mandamus directing the respondents to settle the interest for the belated payment of retirement benefits such as Provident fund, gratuity, earned leave surrender, 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.

2. The case of the petitioner is that he joined the services of the

1^strespondent-Transport Corporation on 21.12.1997 and retired from service as Special Grade Conductor on attaining the age of superannuation on 31.05.2024. However, the terminal benefits have been settled to the petitioners on 02.12.2025 and no interest has been paid for the delayed period. Therefore, the petitioner had submitted a representation to the respondents dated 03.02.2026, to pay interest for the delayed period. Since the same was not considered, the present writ petition has been filed.

3. The learned Standing Counsel for the respondent would fairly submit that they are willing to pay the interest at the rate of 6% per annum for the belated payment of the eligible and admissible amount.

4. Heard the learned counsel for both sides and perused the materials available on record.

5. In view of the above submission of the learned Standing Counsel, this Court deems it appropriate to direct the respondents to pay interest at the rate of 6% per annum for the belated payment of admissible terminal benefits from the date of retirement till the date of actual disbursal of the terminal benefits of the petitioners within a period of six weeks from the date of receipt of a copy of this order.

6. In the result, the Writ Petition is disposed of. No costs.