Shopper's Stop Limited - Securities and Exchange Board of India

Undivided Entities or the Residual Entities as made in this draft Red
Herring Prospectus.
Further our Promoters are unable to state with certainty about any liability or
contingent liability in respect of the said entities.
-Legal Notices received in the matter of Hitendrakumari Devi
Legal notices on behalf of various persons claiming on behalf of Hitendra Kumari Devi as
her Constituted Attorney or as heirs and/or as the Constituted Attorneys of the heirs of
Hitendra Kumari Devi were received from time to time alleging that there was a concluded
Agreement for Sale between the Owners of the land bearing S.No.504 and Late Hitendra
Kumari Devi for the entire land admeasuring about 470 acres.
N. N. Wadia as the sole Administrator of the Estate and Effects of the Late F.E.. Dinshaw
to whom the legal notices have been served is the owner of the Land and has entered into
a Development Agreement with Ivory Properties and Hotels Pvt. Ltd. for development of
his land. Ivory Properties and Hotels Pvt. Ltd is a promoter company In terms of the
Development Agreement executed between N. N. Wadia as the sole Administrator of the
Estate of Late F.E. Dinshaw, and Ivory Properties and Hotels Pvt. Ltd., . Ivory Properties
and Hotels Pvt. Ltd. has been given the responsibility and is entitled to look after the
litigation and enter into arrangement and settlement at its cost, charges and expenses in
respect of the litigation concerning the said land.
All the said notice are based on the identical set of photo copies of some forged and
fabricated receipts / letters. One of the persons has also filed legal proceedings being HC
Suit No. 3437 of 1996 Navaratan S. Jain v/s Bharatchandra Bhanjdeo & Ors. A list of
such legal notices received is mentioned hereunder. Ivory Properties and Hotels Pvt. Ltd
is not a party to the notice but responsible for the development of the land belonging to F
E Dinshaw Trust and Administrator of the Estate of late F.E Dinshaw
THE FOLLOWING IS THE LIST OF THE SAID LEGAL NOTICES RECEIVED IN THE
MATTER OF : HITENDRAKUMARI DEVI
Public Notice dated 4.7.1995 in Mumbai Samachar by K.D. Naik, Advocate.
Letter dated 6.9.1995 from V.G. Vartak & Co, Advocates
Letter dated 12.3.1996 M/s. Vinod Sharma & Co., Advocates.
Letter dated 13.10.1996 from Ashok A. Kadam, Society & Trust Consultant.
Letter dated 4.2.1997 from Devendra Sharma, Advocate.
Letter dated 3.3.1997 from Bharat Zaveri, Advocate.
Letter dated 25.3.1997 from Ratilal Desai & Co., Advocates
Letter dated 4.7.1997 from Shivraj Singh Jhala, CA of heirs of Smt Hitendra Kumari Devi.
Letter dated 29.4.1998 from Nitin H. Shukla, Advocate.
Letter dated 8.8.1998 from M.S. Construction
Letter dated 15.9.1998 from Q.F. Siddique, Advocate
Letter dated 21.10.1999 from Mane & Associates,
Letter dated 17.9.2003 from V.K. Tripathi, Advocate
Letter dated 23.6.2000 from Meena A. Fulbandhe.
Letter dated 3.12.2003 from Divcons Properties Pvt. Ltd.
Letter dated 12.5.2004 from Prithvi Developers
IV Litigation By and /or Against the K Raheja Corp Group entities
By the K Raheja Corp Group entities
A) Pending Arbitration Proceedings
There are none
B) Litigation Pending – FEMA
There are none
C) Litigation Pending – Income Tax
There are none
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