Where is the Sports Infra in 'Sports City'

Sports City Scam www.infralive.com 51 Infra LIVE July 15, 2022 The company was incorporated by two individuals – Shakti Nath and Meena Nath - having 50 per cent equity each. Subsequently, the shares were transferred to Logix Infradevelopers Pvt Ltd (LIPL). On July 24, 2013, Mr Rajeev Sharma consented to become director. Sometimes during FY15 or earlier, LIPL reduced its shareholding to 90 per cent and sold the remaining 10 per cent to Noida based couple – B6. Apace Buildtech Pvt Ltd (Inc 11.9.2012) Names 11.9.2012 FY17- FY19 Mr Nitin Dua, H.No.95, Sector 15A, Faridabad- 121002 5,000 - Mr Vijay Shukla, H.No. 258, A4, 1st floor, Kohinoor Enclave. Saidulajab Extn, Delhi-110030 5,000 - Logix Infradevelopers Pvt Ltd - 9,000 Rudra Buildwell Residency Pvt Ltd - 900 Others-Livin Hotels Pvt Ltd - 100 Total 10,000 10,000 FY20 shareholding has not been provided by the company B7. Impel Infrastructure Pvt Ltd (Inc 21.12.2012) Names 21.12.2012 FY15-FY21 Mr Shakti Nath 5,000 - Ms Meena Nath 5,000 - Logix Infradevelopers Pvt Ltd - 9,000 Rajeev Sharma, A-402, Sector 19, Noida 201301 - 500 Monika Sharma, A-402, Sector 19, Noida 201301 - 500 Total 10,000 10,000 B7 Ace Parkway B8. B8. B8 B8 Ra j eev Sharma and Monika Sha rma . Th e s ha r e ho l d i ng continues to be the same till FY21 (see table-B7). OnMarch 30, 2016, the Nath couple resigned as director. The project has not started yet. AceParkway Ace Infracity Developers Pvt Ltd This plot measures 33,604 sqm. LIPL has sub-leased on April 16, 2014 to Ace Infracity Developers Pvt Ltd whose details are given in A5. In this section just shown the photos. GreenArea Logix InfradevelopersPvt Ltd This plot measures 12,000 sqm. LIPL has given the responsibility to develop the plot as green area to Ace InfracityDevelopers Pvt Ltd as a part of sub-lease deed for 33,604 sqm plot area, which is also marked as B8. But, LIPL has not charged any money from Ace. However, in UP RERA's record Ace has claimed that it is develop- ing the Ace Parkway project on 45,604 sqm land (33,604+12,000 sqm).

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