Date: October 27, 2026

Legal Proceedings Update

NCLT Cases Overview

Jagran Prakashan Limited disclosed an update on two ongoing company petitions before the National Company Law Tribunal, Allahabad Bench:

CP No. 64/ALD/2023

  • Case Title: Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors.
  • Under Sections: 241/242 & 244 of Companies Act, 2013
  • Hearing Date: October 26, 2026
  • Status: Senior Counsel C.A. Sundaram (representing Petitioners Nos. 1-3) continued arguments while rejoining in rebuttal
  • Next Hearing: December 3, 2026 at 02:30 P.M.

CP No. 57/ALD/2025

  • Case Title: Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Private Limited and Ors.
  • Under Sections: 241/242 & 244 of Companies Act, 2013
  • Hearing Date: October 26, 2026
  • Status: Adjourned by joint request of all parties
  • Next Hearing: December 3, 2026 at 02:30 P.M.

Legal Representation Details

CP No. 64/2023 Representation:

  • For Petitioners Nos. 1-3: C.A. Sundaram (Sr. Adv.) assisted by Rohini Musa, Rajat Jariwal, Abhishek Iyer, Manish Barrua, Aayushi Khurana, Varad Nath, Dev Vijay Chand, Akbar Ali Khan
  • For Respondents Nos. 3, 9, 10: Jayant Mehta (Sr. Adv.) assisted by Taniya Pandey, Satish Kishanchandani, Sohil Shah, Om Shelat, Anushka Panchmatia, Ankita Singh, Sudhanshu Shukla
  • For Respondents Nos. 5 & 12: Ruby Singh Ahuja with Tahira Karanjawala, Vishal Gehrana, Arjun Sharma, Piyush Sharma, Varsha Himatsingka, Prerna Shaha, Vedant Choudhury, Yashonidhi Shukla, Mansumyer
  • For Respondent No. 19 (JPL): Anusha Nagarajan with Aakanksha Bhola, Manav Saluja, Shubham Aggarwal
  • For JMNIPL: Ruchira Gupta with Abhishek Verma

CP No. 57/2025 Representation:

  • For Petitioners: Jayant Mehta (Sr. Adv.) assisted by Taniya Pandey, Satish Kishanchandani, Sohil Shah, Om Shelat, Anushka Panchmatia, Ankita Singh, Sudhanshu Shukla
  • For Respondent No. 19 (JPL): Anusha Nagarajan with Aakanksha Bhola, Manav Saluja, Shubham Aggarwal
  • For JMNIPL: Ruchira Gupta with Abhishek Verma
  • For Respondents No. 3-5: C.A. Sundaram (Sr. Adv.) assisted by Rohini Musa, Rajat Jariwal, Abhishek Iyer, Manish Barrua, Aayushi Khurana, Varad Nath, Dev Vijay Chand, Akbar Ali Khan
  • For Respondents No. 6-19: Ruby Singh Ahuja with Tahira Karanjawala, Vishal Gehrana, Arjun Sharma, Piyush Sharma, Varsha Himatsingka, Prerna Shaha, Vedant Choudhury, Yashonidhi Shukla, Mansumyer

Tribunal Composition

Both cases heard by:

  • Hon'ble Mr. Praveen Gupta, Member (Judicial)
  • Hon'ble Mr. Ashish Verma, Member (Technical)