If that's his service status, then Mr.Umakanthan already clarified reg.entitlement.
And no gratuity is accrued. Any notice or notice pay is involved ??
If termination: then you have to consider payment of Termination compensation @ 15 days salary for every completed year of service, to be fair enough (even if he is not covered under ID Act.). If possible gratuity as well.
Plus leave encashment, unpaid salary/bonus or ex-gratia, if any, in any case.
EPF & EPS settlement (if no transfer via Form 11 is involved). How old is he? Has he crossed 58 yrs.?
Is there any recoveries for Co advances like vehicle loan, House building loan etc. check that.
Retrieval of co's assets like laptop, mobile ph., vehicle & docs. data storage devices, books/files & documents, Co Quarters & furnitures.
Check for any bank loan endorsed by the Co. (as surety/2nd/co-obligant). And any departmental inquiry pending.
Obtain No due certificate from all depts.
Prepare Experience & Relieving letter, a detailed report of handing over & taking over charge (jointly to be signed by a person coming into his shoes), and a check list of assignments completed, in the pipeline, to be pursued mentioning the status, contact persons.
Better prepare a complete check list before processing & submission.