Will settle Rs 1136 cr dues to retired TNSTC employees:TN govt

Image
Press Trust of India Chennai
Last Updated : Sep 08 2017 | 6:22 PM IST
The Tamil Nadu government today informed the Madras High Court that it would settle the dues of Rs 1,136 crores to retired Tamil Nadu State Transport Corporation (TNSTC) employees by October 7.
An undertaking to this effect was given by Advocate General Vijay Narayan, representing the state government, to a division bench of Justices S Manikumar and M Govindaraj.
When the matter came up today, the AG also submitted that with regard to the settlement of dues worth around Rs 5000 crores to the serving employees, submitted that the scheme of payment will also be submitted on October 7.
The bench recorded the submission and posted the matter to October 21.
The matter was taken up as Suo Motu PIL by the court based on a post card sent by a retired employee of the corporation from Madurai to a division bench of Justices MV Muralidharan and N Seshasayee at the court's Madurai Bench in May last year.
Justice Muralidaran had directed the High Court Registry to treat the post card sent by R Mayandi Servai as a suo motu public interest litigation petition which was then transferred to theprincipal seat of the High Court in Chennai.
In his letter, Servai had claimed that his benefits had not been settled even after 24 years since his superannuation and that hundreds of other retired employees too were facing a similar situation.
He had accused the judges of having passed a harsh order against the striking TNSTC employees without knowing the ground situation and the government's failure to honour its statutory liabilities.
Earlier the bench had directed the TNSTC employees, who were then on strike, to return to work forthwith or face action under the Essential Services Maintenance Act of 1968.
The employees had sought among other benefits settlement of pending retirement benefits and payment of operational deficit to transport corporations.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 08 2017 | 6:22 PM IST

Next Story