PERSN MEDICINAL PLANT P.LTD. vs INDIAN BANK .

The Supreme Court directed the Debts Recovery Appellate Tribunal (DRAT) to expedite the hearing of an appeal concerning the appropriation of funds by Indian Bank, which amounted to Rs.3467.89 Lakhs as of November 30, 2010. The Court allowed the Bank to appropriate the amount already collected, contingent upon the final decision of the DRAT. The Court emphasized the need for a swift resolution of the appeal, mandating its disposal within two months from the order's communication, and concluded by stating that the parties would bear their own costs.