Where is the Sports Infra in 'Sports City'

Sports City Scam www.infralive.com 38 Infra LIVE July 15, 2022 voting rights, Sethi family got 86.45 per cent voting power, and ICICI Prudential got 4.55 per cent voting power. It was therefore evident that under section 2(87) of the Companies Act 2013, EBPL was no longer the Sethi Venice Esthetic BuildtechPvt Ltd (Inc 14.12.2012) This plot measures 56,652 sqm. Logix group had sub- leased the sub-plot to its 100 per cent subsidiary Esthetic BuildtechPvt Ltd (EBPL). The company was incorporated by - Shakti Nath andMeena Nath - having shares in equal ratio. On July 4, 2013, EBPL entered into a share Purchase cum Shareholder agreement wi t h Mayank Se t h i and Chandan Sethi involving d i f f e r e n t c l a s s e s o f shareholdings (Class A & B equity share) through which the post of chairman of the board along with full control of the company was handed over to Sethis. On July 4, 2013, LBPPL was issued 90,000 shares of Class-A. The Sethi family is having 1,000 Class-A shares and 9,500 Class-B shares, while ICICI Prudential has 500 Class-B shares. Every Class-A share has one vote, while every Class-B share has 100 votes (see table A4). As a result, though Logix group seemed to have 90 per cent shares of the company, but it had just 9 per cent A4. A4 A4. Shareholder of Esthetic Buildtech Pvt Ltd (Inc on 14.12.2012) Name of shareholders 14.12.2012 4.7.2013 31.3.2016 to 31.3.2019 # A B Mr Shakti Nath 5,000 5,000 10 * Ms Meena Nath 5,000 5,000 - - Logix Builders & Promoters Pvt Ltd - 90,000 98,990 * - Mr Mayank Sethi - - 500 5,000 Mr Chander Mohan Sethi - - 500 4,500 ICICI Prudential Venture Capital Fund Real Estate Scheme I - - - 500 Total 10,000 100,000 100,000 10,000 # No details available beyond FY19; * 10 shares Mr Shakti Nath held on behalf of LBPPL; For entire 99,000 LBPPL shares, LBPPL has issued Power of Attorney in favour of Ms Seema Seth wife of Chander Mohan Sethi As per Restated MoA filed on 3.3.2016 the company, class-A shares will have one vote; Class-B will have 100 votes for every share. Site Office -