BEFORE THE SECURITIES APPELLATE TRIBUNAL 
MUMBAI  
  
           Appeal No. 2 of 2011  
  
                        Date of decision: 11.3.2011     
  
1.  M/s Jagatjit Industries Ltd. 
     Jagatjit Nagar, 
     Distt. Kapurthala, 
     Punjab.  
  
2.  Mr. Ravi Manchanda 
     4th Floor, Bhandari House, 91,  
     Nehru Place, New Delhi- 110 019.  

                                   
                                    
                                       ……Appellants  
  
                          Versus  
  
1. Securities and Exchange Board of India  
    SEBI Bhavan, Plot No. C-4A, G-Block, 
    Bandra Kurla Complex, Bandra (E), 
    Mumbai- 400 051.  
  
2. BDO Consulting Private Limited 
    701, Leela Business Park, 
    Andheri-Kurla Road, 
    Andheri (E),  
    Mumbai-400 059.  
  
3. M/s LP Jaiswal & Sons Pvt. Ltd. 
    4th Floor, Bhandari House, 91,  
    Nehru Place, New Delhi 110 019.     
  
4. Karamjit Singh Jaiswal, 
    No. 6, The Green, Rajokari, 
    New Delhi-110 038                      

                                   
                                   
  
  
                                   
  
  
                                   
                                  
                                   …… Respondents 
  

  
Mr. Navroz Seervai, Senior Advocate w ith Ms. Malini Sud, Advocate and Mr. Ranbir 
Singh, Advocate for Appellants. 
Mr. Ajay Khaire, Advocate for Respondent no. 1. 
None for Respondent no. 2 to 4.  

CORAM :  Justice N.K. Sodhi, Presiding Officer 
 P.K. Malhotra, Member 
          S.S.N. Moorthy, Member 
Per : Justice N.K. Sodhi, Presiding Officer (Oral)   
  
Arguments in this appeal were heard on February 22, 2011 and we had reserved 
the order. On the request of the counsel for the parties the case has been taken up today. 
During the pendency of the appeal, the indepe ndent valuer appointed by the respondent

  2
Board has since submitted his report and having perused the same, the appellants do not 
wish to press the appeal.  

  Dismissed as withdrawn. 
  

  
               Sd/-  
               Justice N.K.Sodhi 
                    Presiding Officer  
                                    
                   
                                                                                                                Sd/- 
        P.K.Malhotra 
                              Member  

                                                                                                                Sd/- 
11.03.2011                                                           S.S.N. Moorthy  
pmb                                                                                         Member 
  
Prepared & Compared By: Prerana