The petitioner has filed this writ petition seeking a mandamus to the respondents 2 & 3 to disburse the retirement benefits viz. Earned Leave Surrender Salary Amount of Rs.4,10,000/- Pension Commutation Amount of Rs.3,21,245/- the total comes to Rs.7,31,245/- (Rupees Seven Lakhs Thirty One Thousand Two Hundred and Forty Five Only) with 18% interest per annum for the delayed payment.
2. The petitioner joined the services of the respondent Transport Corporation as Junior Assistant and retired as Superintendent on 30.11.2013 after completion of 32 years of service. His grievance is that the aforementioned retirement benefits have not been till date settled to him.
3. Mr.V.Jayaprakash Narayanan, learned Special Government Pleader takes notice on behalf of the first respondent and Mr.P.Kannankumar, learned standing counsel takes notice on behalf of the second and third respondents.
4. This Court, taking note 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) directing the respondents to settle all the retirement benefits in twelve equal monthly instalments with 6% interest per annum, hereby directs the respondents to settle the entire retirement benefits due and payable to the petitioner through twelve equal monthly instalments carrying interest of 6% p.a. The instalments should commence from June, 2017 and each of the instalments should be paid on or before 7th of each month. In case of any delay in the payment of the instalments, 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 instalments. With this direction, the writ petition is disposed of accordingly. No costs.