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4. Vide letter dated 11.10.2011, the Consortium requested the authorities to make sub division of the allotted plot in favour of the Consortium members, who have together applied as a Consortium. The request of the Consortium was accepted by the Noida Authority on 24.10.2011 and the entire sports city project was divided into six parts. The relevant part of the acceptance letter was as under:-

"With reference to your letter dated 11th October, 2011 on the above subject, I have been directed to inform you that in view of the terms and conditions of the brochures of the scheme, your request has been accepted by the competent authority to sub-divide the aforesaid plot in six (6) parts in the following manner; Sub division of the plot No.SC-01 Sector-79 in 5 parts & Plot No.SC-01 Sector-78, which is the part allotted area total 712981.00 sqmts. of plot no.SC-01 Sector-79 Noida i.e. (1) SC-01/A admeasuring 71,00,000 Sqm.

17. As a knee jerk reaction of the CAG report, the NOIDA Authority held its Board meeting on 18.01.2021 (201st Board Meeting) in which it has been resolved that in order to complete the sports facilities in the Sports City, a Committee should be formed, which would look into the situation and put-forth a report in the next Board meeting and stayed any further steps to be taken in the Sports City including revalidation of the maps.

18. The next Board's meeting was held on 26.07.2021, wherein it was resolved that no further sub division of plots in the sports city would be carried out, and further the matter was referred to the State Government for direction and guidance.

• Request for Sub-Division into two part by M/s Sequel Buildcon Pvt. Ltd. through letter dated 28.08.2012, which was approved on 3.10.2012. S.No. Plot No. Allottee Area (Sq.mtr.) Date of Sub-Division Date of Sub-Lease Deed
1. SC-01/A1, SECTOR-79 M/S Sequel Builcon Pvt. Ltd.
50000 03.10.2012 19.10.2012 (Correction Deed)
2. SC-01/A2, SECTOR-79 M/S Arena Superstructures Pvt. Ltd.
50000 03.10.2012 19.10.20 • The petitioner M/S Sequel Buildcon Pvt Ltd further requested to sub-divide Plot SC-01/A1, Area-50000sqmtr, Sector-79, into Two Parts through letter dated 02.04.2014, which was approved on 16.6.2014, and the further division was as follows :

CHANGE IN SHAREHOLDINGS OF VARIOUS COMPANIES

92. He also emphatically argued that as per the ROC the share holdings of the allottee company has chagrined after the allotment, though the same was not permissible in the scheme and the brochure. This was done without the permission of the Noida authority. The chart showing name of allotted companies, directors, shareholdings at the time of allotment, and the present shareholdings as per ROC is as follows:-

SN Plot No. Name of Allottee Date of sub-division Director and Shareholder at the time of allotment Present Directors as per record of ROC Present shareholders as per record of ROC