Eminent lawyer Mr. Partha Sarathi Sengupta stated that East Bengal Club and Shree Cement will sign the joint venture contract next week.
Mr. Sengupta discussed matters regarding the ‘Exit Clauses’ and the ‘Rights of Members’ via zoom meeting with the club officials. Sources informed that Shree Cement is flexible about these clauses and therefore as far as the club members are concerned, that the investors will adhere to the rules of the club.
However, Officials of East Bengal club has also stated about the logo and clause of holding meeting in club premises to Mr. Sengupta. Sources informed that representative from investor had clearly said that they do not have any objection of any meeting, but that they should be informed prior to the scheduled meeting, so that there is no communication gap in between the two parties.
However, Mr. Partha Sarathi Sengupta informed that he will have further discussion with Shree Cement on Sunday and things will all be settled soon.
