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Legal3 Jun 2026, 06:12 pm

Jagran Prakashan Ltd: NCLT Hearing Adjourned to July 8

AI Summary

Jagran Prakashan Limited (JPL) has provided an update on two ongoing legal petitions before the National Company Law Tribunal (NCLT), Allahabad Bench. The hearings for "Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors." (C.P. No. 64 of 2023) and "Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Private Limited" (C.P. No. 57 of 2025) were held on June 1, 2026. Arguments were heard for Respondent Nos. 3, 9, and 10 in C.P. No. 64 of 2023. The tribunal has re-notified both matters for further arguments on July 8, 2026, at 12:30 p.m. and encouraged parties to pursue day-to-day arguments. JPL will provide further disclosures upon material developments.

Key Highlights

  • NCLT hearing for two company petitions adjourned.
  • Next hearing scheduled for July 8, 2026.
  • Parties encouraged to argue matters daily.
  • Further updates will be provided on material developments.