Where is the Sports Infra in 'Sports City'

Sports City Scam www.infralive.com 46 Infra LIVE July 15, 2022 the subsidiary of the LIPL with effect fromJuly 4, 2019 and the plot was no longer under the control of the allottee/LIPL. The relevant terms from the r e v i s e d M&A o A h a v e b e e n extracted below. The project is beingmarketed as Antara. 62 per cent share in the company. It was therefore evident that under section 2(87) of the Compa- nies Act 2013, CBPL was no longer of INR 10 (Indian Rupees Ten only) per Subscription Share, which shall have the rights attached to it as set out in the Share Subscription cum Share- holders' Agreement. 17 k. Subject to terms of the Share Subscription cum Shareholders' Agreement, the Company and Logix agree that Antara shall continue to hold at least the Subscription Share in the Com- pany and have the right to nomi- nate 2 (two) directors on the Board at all times. Upon termina- tion of the Definitive Agreement, the transfer of the Subscription Share to Logix or its nominee and the resignation of the Antara the agreement titled 'ICD II Agreement' dated July 4, 2019 entered into by and among the Company andAntara. “ Share Subscription cum Shareholders' Agreement ” means, the agreement dated July 4, 2019, entered into amongst the Company, Antara and Logix by way of which the mutual under- standing for governance and management of the Company has been recorded. “ Subscription Share ” means, 1 (one) Equity Share of the Com- pany to be issued to Antara in accordance with provisions of the Share Subscription cum Share- holders' Agreement at a face value “ Definitive Agreement ” means an agreement dated July 4, 2019 entered into amongst the Company, Logix and Antara for development, marketing, management and operations of the Project. “ Framework Agreement ” means, the agreement titled 'Framework Agreement' dated July 4, 2019 entered into by and among the Company, Logix and Antara. “ ICD I Agreement ” means, the agreement titled 'ICD I Agreement' dated July 4, 2019 entered into by and among the Company andAntara. “ ICD II Agreement ” means, Extracts of revised M&AoA of Contend Builders Pvt Ltd