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2026 DAILYLAW 43237 (MAD)

V.SRINIVASAN v. The Managing Director

WP/22509/2026 · 2026-06-24

P T Asha

Transfer Petitionbody2026

Judgment text

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WP No. 22509 of 2026 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 24-06-2026 CORAM THE HON'BLE MS. JUSTICE P.T. ASHA WP No. 22509 of 2026 1. V.Srinivasan 2. M.Gunasekaran ..Petitioner(s) Vs 1. The Managing Director Tamilnadu State Transport Corporation (kovai) limited, no.37, Mettupalayam road, Coimbatore – 641043. 2. The Administrator Tamilnadu state transport corporation, Employees pension fund trust, no.2, pallavan salai, Chennai - 600002. ..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 pay interest of 12 percentage to the petitioners for belated payment of gratuity, leave salary, dearness allowance, provident fund and commutation of pension amounts within a time frame to be fixed by this Hon'ble Court. For Petitioner(s): Mr.S.Sakthivel For Respondent(s): Mr.C.Gauthamraj, Standing Counsel for R.1 https://www.mhc.tn.gov.in/judis WP No. 22509 of 2026 __________ Page2 of 4 ORDER This Writ Petition has been filed for the following reliefs:- “directing the respondents to pay interest of 12 percentage to the petitioners for belated payment of gratuity, leave salary, dearness allowance, provident fund and commutation of pension amounts within a time frame to be fixed by this Hon'ble Court.” 2. The case of the petitioners is that, after rendering more than two and a half decades of service in the respondent Transport Corporation, they had retired from service on 31.07.2025 and 31.01.2025, respectively. However, their terminal benefits have been settled to them only on 11.03.2026 but no interest has been paid for the delayed period. Therefore, the petitioners had submitted a representation to the respondent dated 02.05.2026, requesting 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 1st 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. https://www.mhc.tn.gov.in/judis WP No. 22509 of 2026 __________ Page3 of 4 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 eligible and 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. 24-06-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No SHR To 1. The Managing Director Tamilnadu State Transport Corporation (kovai) limited, no.37, Mettupalayam road, Coimbatore - 641043. 2. The Administrator Tamilnadu state transport corporation, Employees pension fund trust, no.2, pallavan salai, Chennai - 600002. https://www.mhc.tn.gov.in/judis WP No. 22509 of 2026 __________ Page4 of 4 P.T.ASHA J. SHR WP No. 22509 of 2026 24-06-2026 (1/2) https://www.mhc.tn.gov.in/judis