2011 (2) TMI 1632 - SC - Indian Laws

Summary

The Supreme Court granted leave in appeals arising from a High Court judgment setting aside an order of the Debts Recovery Appellate Tribunal. The Court directed the Indian Bank to appropriate a specified amount, subject to the final decision of the appeal by the DRAT. The DRAT was instructed to hear and dispose of the appeal expeditiously within two months. The appeals were disposed of with parties bearing their own costs.