Case Details

Case Name: Jagran Media Network Investment Pvt. Ltd. vs Mahendra Mohan Gupta & Ors.

Court/Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Case Number: Company Appeal (AT) No. 187 of 2026

Date of Order: 25th May 2026

Mode of Hearing: Hybrid Mode

Parties Involved

Appellant: Jagran Media Network Investment Pvt. Ltd.

Respondents: Mahendra Mohan Gupta & Others (R-1 to 3), JPL (R-4), R-5 & 9, R-7, 13, 14

Legal Representation:

  • For Appellant: Mr. Rajiv Nayar, Mr. Darius J. Khambata, Mr. Abhijeet Sinha (Sr. Advocates), Ms. Ruchira Gupta, Ms. Yashika Sharma, Ms. Manjira, Mr. Shreyas Maheshwari (Advocates)
  • For JPL/R-4: Mr. Kapil Sibal, Mr. Abhishek Malhotra (Sr. Advocates), Ms. Anusha Nagarajan, Ms. Aakanksha Bhola, Mr. Manav Saluja, Ms. Anamika Singh (Advocates)
  • For R-5 & 9: Dr. Abhishek Manu Singhvi, Dr. U.K. Choudhary (Sr. Advocates), Ms. Ruby Singh Ahuja, Mr. Arjun Sharma, Ms. Megha Dugar, Mr. Piyush Sharma, Ms. Varsha Himatsingka (Advocates)
  • For R-1 to 3: Mr. CA Sundaram, Mr. Arun Kathpalia, Mr. Krishnendu Datta (Sr. Advocates), Ms. Rohini Musa, Mr. Rajat Jariwal, Mr. Abhishek Iyer, Mr. Manish Barua, Ms. Aayushi Khurana, Ms. Angelika Awasthi (Advocates)
  • For R-7, 13, 14: Mr. Jayant Mehta (Sr. Advocate), Mr. Nitin Mishra, Mr. Sohil Shah (Advocates)

Bench: Justice Yogesh Khanna (Member - Judicial), Mr. Ajai Das Mehrotra (Member - Technical)

Final Ruling & Enforcement

The learned Senior Counsel appearing for the appellant submitted that he had instructions to withdraw this appeal. Consequently, the NCLAT dismissed the appeal as withdrawn. All pending Interlocutory Applications (I.As), if any, were also disposed of.

The order was passed without any findings on the merits of the case, penalties, settlements, or directions since the matter was withdrawn before any substantive hearing could occur.