Shivalik 1 was converted into Lifestyle on 17.05.2007.
Shivalik 2 was incorporated on 24.03.2008.
Both the companies are different incorporated under a different corporate
identification number (CIN).
In between there was neither any firm (already extinguished) nor any
company by the name of Shivalik Ventures. Yet two LOIs were issued
dated 12.10.2007 and 17.11.2007.
What is the legal standing of these LOIs?
Was the Govt./ Societies/ Residents informed of all this?