Retiral benefits - delayed - payment of interest - case law
A.Mohamed Thaheer
(Querist) 01 May 2009
This query is : Resolved
Please cite the latest and most favourable judgment of supreme court of india. with direction to pay maximum interest for the delay on the part of the employer in paying gratuity and commutation of pension to a central govt. employee.
Murali Krishna
(Expert) 01 May 2009
Pl refer to Vijay L Mehrotra case. 2000(2) SLR 686 (SC). In this case Supreme Court granted interest @ 18% to retired employees since they were deprived of their retiral benefits for a considerable time.
I wish that this judgement would helpful to you.