The Securities Appellate Tribunal (SAT) has allowed realty giant DLF to redeem mutual funds worth 1,806 crore rupees to meet working capital needs and service debt payments. The DLF had sought permission to redeem money locked in mutual funds after being slapped with market regulator SEBI's ban last month that barred it from accessing the capital market for 3 years. As an interim measure, SAT has allowed the company to redeem mutual funds worth 767 crore rupees in the current month and further funds worth 1,039 crores in December.The final hearing in DLF's main appeal against the SEBI order would commence on December 10th, prior to which regulatory body and the company will have to file their replies with the SAT. A three-member SAT bench said it can be reasonably concluded that the appellant-DEF should be allowed to use its own funds to meet its every day needs and other working capital requirements, including meeting its obligations to the creditors.