The petitioner has filed this writ petition for issuance of a writ of mandamus, to direct the respondent to pay the petitioner all his retirement benefits including Provident Fund, Gratuity, Leave Salary Amount, IRT deposit Amount and all other benefits with interest at the rate of 18% per annum and the interest at the rate of 18% per annum for the belated settlement of his eligible benefits from the date of retirement to till the date of settlement within the time frame.
2. Heard the learned counsel appearing for the petitioner. Mr.P.Kannan Kumar, learned Standing counsel takes notice on behalf of the respondent.
3. The petitioner joined the service of the respondent Corporation on 31.07.1982 and he retired from service on 28.02.2017 while working as a Security Sergeant in the respondent Corporation. Now the grievance of the petitioner is that his retirement benefits, namely, Provident Fund, Gratuity, Leave Salary Amount, IRT deposit Amount and all other benefits with interest at the rate of 18% per annum and the interest at the rate of 18% per annum for the belated settlement of his eligible benefits from the date of retirement to till the date of settlement, have not been till date settled by the respondent Corporation. Hence, he has given a representation on 04.04.2017. But, till date no orders have been passed. Therefore, he has come forward with the present writ petition.
4.Since the issue is squarely covered by various orders passed by this Court, in the light of the Hon'ble Division Bench judgment in W.A.(MD) Nos.383 to 457 of 2015 dated 12.6.2015 (K.Rajendran and others v. The Tamil Nadu State Transport Corporation (Madurai) Limited represented by its Managing Director, Madurai and others), this writ petition is disposed of with a direction to the respondent to settle the entire terminal benefits due and payable to the petitioner through twelve equal monthly installments carrying interest of 6% p.a. The installments should commence from July, 2017 and each of the installments should be paid on or before 7th of each month. In case of any delay in the payment of the installments, the interest payable would become 18% p.a. for the delayed period apart from any other remedy which may be available to the petitioner for such non-payment of the installments. No costs.