IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL Writ Petition (S/B) No. 47 of 2007 State of U.P. and others. …Petitioners. Versus State Public Services Tribunal, Uttarakhand, Dehradun and another. …Respondents. Ms. Beena Pande, Advocate for the petitioners. Mr. Bindesh Kumar Gupta, Advocate for respondent no. 1. Mr. M.C. Pant, Advocate for respondent no. 2. Coram: Hon’ble J.S. Khehar, C.J. Hon’ble Sudhanshu Dhulia, J. J.S. Khehar, C.J, (Oral) 1. The issue involved in the instant writ petition pertains to the quantum of interest awarded by the Public Services Tribunal, Uttarakhand on delayed payment in respect of post retiral dues. It is the submission of the learned counsel for the petitioners that interest awarded at the rate of 15 per cent is excessive, and that interest at the prevalent rate should have been awarded to respondent no. 2. Learned counsel for respondent no. 2 states that respondent no. 2 will be satisfied, even if the interest is reduced to 8 per cent. 2. We are of the view that the submission of the learned counsel for respondent no. 2 is just and proper. Accordingly, the instant petition is partly allowed. Interest awarded at the rate of 15 per cent by the Public Services Tribunal, Uttarakhand is ordered to be reduced to 8 per cent. The aforesaid interest in terms of the order passed by the Public Services Tribunal, Uttarakhand shall be released to respondent no. 2 within one month 2 from the date of the receipt of a certified copy of this order. 3. The instant writ petition is disposed of in the aforesaid terms. (Sudhanshu Dhulia, J.) (J.S. Khehar, C.J.) 28.4.2010 Rathour