IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE V.GIRI THURSDAY, THE 29TH OCTOBER 2009 / 7TH KARTHIKA 1931 RP.No. 1024 of 2009(Y) Against Judgment in W.P.(C).No.29393 of 2008 dated 14.08.2009 ---------------------- REVIEW PETITIONERS / PETITIONERS -------------------------------- 1. A.J.MAXIMILIAN S/O. A.J.JERRY, ARAKKAL HOUSE, NEAR ASSI HOSPITAL, THURUTHIPURAM POST(VIA) KOTTAPPURAM, ERNAKULAM DISTRICT 680 667. 2. P.B.ABDU S/O. BEERANKUNJI PUTHIYAVEETTIL HOUSE, ERIYAD POST, (VIA) KODUNGALLUR PIN-680 666. 3. M.O.PAULOSE S/O. OUSEPH, MADAPPILLY HOUSE, POST POOPATHY, THRISSUR DISTRICT. BY ADV. SMT. T.D.RAJALAKSHMI MR. R.SREEHARI RESPONDENTS / RESPONDENTS --------------- 1. KERALA STATE ELECTRICITY BOARD, VYDYUTHI BHAVANAM, PATTOM, THIRUVANANTHAPURAM PIN-695 004 REPRESENTED BY ITS SECRETARY. 2. THE CONTROLLING AUTHORITY UNDER THE PAYMENT OF GRATUITY ACT (DISTRICT LABOUR OF OFFICER), THRISUR. 3. THE APPELLATE AUTHORITY UNDER THE PAYMENT OF GRATUITY ACT (REGIONAL JOINT LABOUR COMMISSIONER) ERNAKULAM, CIVIL STATION, KAKKANAD. BY MR. K.S.ANIL, STANDING COUNSEL, K.S.E.B. THIS REVIEW PETITION HAVING COME UP FOR ADMISSION ON 29/10/2009, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: kkms/ V.GIRI, J. = = = = = = = = = = = = = = == = = = = = = R.P. No. 1024 OF 2009 IN W.P.(C). No. 29393 OF 2008 = = = = = = = = = = = = = == = = = = = = = Dated this the 29th day of October 2009. O R D E R Learned Counsel for the writ petitioner submits that this Court is directed the Board to pay interest on the amounts covered by Exts. P1 to P3 at the rate of 9% with effect from 07.04.2007 till the date of disbursal of the gratuity payable under Exts.P1 to P3. He submits that the statutory prescribed rate of interest is 10%. 2. I heard learned Counsel for the Board also in this regard. 3. I find force in the submission that if the statutory prescribed rate is 10%, then it may not be justified to reduce the rate of interest to 9%. Accordingly, the review petition is disposed of holding that the Board shall pay interest on the amounts covered by Exts.P1 to P3 at the rate of 10% with effect from 07.04.2007 till the date of disbursal of the gratuity payable under Exts.P1 to P3 in the writ petition. The time for payment shall be extended by two months from today. (V.GIRI) JUDGE kkms/