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Inputting this data into Timatic yields these teduktsmfor Germany:
Transiting without a visa is possible for:
Nationals of India transiting through Frankfurt (FRA) or Munich (MUC), arriving from a non-Schengen Member State with a confirmed onward ticket for a flight within 24 hours to a third country which is not a Schengen Member State. They must:
- have a visa issued by Bulgaria, Canada, Croatia, Cyprus, Ireland (Rep.), Japan, Romania, USA or United Kingdom, and
- stay in the international transit area of the airport, and
- have documents required for their next destination.
As your UK visa is expired this doesnβt apply.
The transit information for Panama is:
Visa not required