G. Balaskanthan v. Managing Director Tamil Nadu State Transport Corporation (Villupuram) Ltd
2016-05-12
M.V.MURALIDARAN
body2016
DigiLaw.ai
ORDER : The petitioner, G.Balaskanthan, has filed this writ petition for issuance of a writ of mandamus directing the respondents to settle the petitioners retirement benefits including Leave Salary gratuity commutation and settlement arrears etc. with interest at the rate of not less than 18% per annum payable from the date of retirement and consequently directing the respondents to pay interest at the rate of 18% per annum for the belated settlement of retirement benefits to the petitioner payable from the date of retirement i.e. 30.04.2015 to till date of actual payment to the petitioner within the time that may be stipulated by this Honourable Court. 2. Heard, Mr.M.Selvam, learned counsel for the petitioner and Mr.Mr.S.Sairaman for R1 to R3, learned counsel for the respondent. 3. The petitioner joined as Conductor in the year 1986 in the erstwhile Thanthai Periyar Transport Corporation Limited, Villupuram. He was working as a Conductor on 21.06.1986 in Kalpakkam Branch and he was working as a Special Grade Conductor in the Chidambaram-I Branch of the second respondent Corporation. Now the grievance of the petitioner is that his namely, retirement benefits, Gratuity, Commutation, Leave Surrender for 110, etc., have not been till date settled by the respondents. 4. Since the issue is squarely covered by the 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 respondents to settle the entire terminal benefits due and payable to the petitioner through twelve equal monthly instalments carrying interest of 6% p.a. The instalments should commence from June, 2016 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. No costs.