<p>Assistant Solicitor General Krishna S Dixit on Thursday sought two weeks’ time from the High Court to ascertain as to when a permanent member could be appointed to the Debt Recovery Appellate Tribunal (DRAT) at Chennai. <br /><br />Metallurgical Services Company has approached the court urging it to direct the manager of Indian Bank to refund part of pre-deposit or accrued interest on the entire pre-deposit including an amount of Rs 72 lakh deposited. M S Subramaniam, 75, who represents the firm, contended that in 2010 on the direction of the DRAT, a meagre interest amount was released, which was not sufficient for his medical expenses and other financial needs. </p>.<p>The petitioner is aggrieved that there has been no judicial function in the appeal pending before the DRAT as the tribunal is without the chairperson since January 2016. A division bench of Chief Justice S K Mukherjee and Justice Ravi Malimath adjourned the hearing until after two weeks. <br /></p>
<p>Assistant Solicitor General Krishna S Dixit on Thursday sought two weeks’ time from the High Court to ascertain as to when a permanent member could be appointed to the Debt Recovery Appellate Tribunal (DRAT) at Chennai. <br /><br />Metallurgical Services Company has approached the court urging it to direct the manager of Indian Bank to refund part of pre-deposit or accrued interest on the entire pre-deposit including an amount of Rs 72 lakh deposited. M S Subramaniam, 75, who represents the firm, contended that in 2010 on the direction of the DRAT, a meagre interest amount was released, which was not sufficient for his medical expenses and other financial needs. </p>.<p>The petitioner is aggrieved that there has been no judicial function in the appeal pending before the DRAT as the tribunal is without the chairperson since January 2016. A division bench of Chief Justice S K Mukherjee and Justice Ravi Malimath adjourned the hearing until after two weeks. <br /></p>
