Authority: Calcutta High Court
Order Date: 2026
Case Overview
- Petitioner: Kalipada Paul, retired employee of Calcutta State Transport Corporation (CSTC), retired on 30 November 2022.
- Respondent: Calcutta State Transport Corporation & Ors.
- Nature of petition: Writ petition seeking interest on delayed payment of the second phase of his Provident Fund (PF) terminal benefits.
- Counsel: petitioner represented by Mr. Dilip Kumar Chatterjee and Mr. Durga Bhusan Mukherjee; CSTC represented by Mr. N. C. Bihani, Sr. Adv., and Mr. Soumyajit Ghosh.
- Key allegation: CSTC delayed the payment of the second phase of PF benefits, prompting the petitioner to request statutory interest.
Order Details
- The court took the affidavit of service on record.
- The court directed the Managing Director of CSTC to pay interest on the delayed PF terminal benefits at a rate of six percent (6%) per annum, calculated from the date of retirement (30‑Nov‑2022) to the actual date of payment.
- CSTC must make this interest payment within twelve (12) weeks from the date the order is communicated.
- If CSTC fails to clear the interest within the stipulated twelve‑week period, an additional two percent (2%) simple interest will be added, making the total interest eight percent (8%) per annum on the same basis.
- The State authorities are instructed to provide any necessary funds to CSTC to meet the interest payment obligation, if required.
- The writ petition is disposed of with the above directions; no order as to costs is made.
- An urgent photostat certified copy of the order may be issued to the parties on a priority basis.
Final Outcome
- CSTC is mandated to pay statutory interest on the delayed PF payment at 6% per annum, with a possible increase to 8% if not paid within twelve weeks, and the State must ensure funds are available for compliance. No costs are awarded, and the petition is dismissed after granting the interest relief.
Topics: Provident Fund, Interest Payment, Court Order