BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 201 of 2010

Date of Decision : 24.06.2011

1. WLR Recovery III (India) Limited
   IFS Court, Twenty Eight,
   Cybercity, Ebene,
   Mauritius.
2. WLR Recovery IV / ESC (India) Limited
   IFS Court, Twenty Eight,
   Cybercity, Ebene,
   Mauritius.
3. India Asset Recovery Fund Limited
   IFS Court, Twenty Eight,
   Cybercity, Ebene,
   Mauritius.
4. WLR/GS (India) Limited
   IFS Court, Twenty Eight,
   Cybercity, Ebene,
   Mauritius. …Appellants

Versus

1. Securities and Exchange Board of India
   SEBI Bhavan, Plot No. C-4A, G-Block,
   Bandra-Kurla Complex, Bandra (East),
   Mumbai – 400 051.
2. KAL Airways Private Limited
   4, Norton Road, Mandaveli,
   Chennai – 600 028.
3. Mr. Kalanithi Maran
   4, Second Avenue, Boat Club Road,
   Chennai – 600 028.

…Respondents
Mr. Janak Dwarkadas, Senior Advo cate with Mr. Rohan Rajadhyaksha and
Mr. Abhishek Venkataraman, Advocates for Appellants.
Ms. Aparna Kalluri, Advocate for Respondents.

2
CORAM : Justice N.K. Sodhi, Presiding Officer
P.K. Malhotra, Member
S.S.N. Moorthy, Member

Per : Justice N.K. Sodhi, Presiding Officer (Oral)

The appellants want to withdraw the appeal leaving all contentions open.
Dismissed as withdrawn. All the contenti ons raised in the appeal shall remain
open.

                Sd/-  

Justice N.K. Sodhi
Presiding Officer

          Sd/-    
           P.K. Malhotra 
                             Member  


                Sd/-  
                         S.S.N. Moorthy  
                        Member 

24.6.2011
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