NCLT lists two company petitions; further arguments to continue on 26th October, 2026
NCLT Allahabad took up two company petitions, C.P. No. 64 of 2023 and C.P. No. 57 of 2025, on 7th October, 2026.
- Petitions Listed
- C.P. No. 64 of 2023 and C.P. No. 57 of 2025
- Last Hearing Date
- 7th October, 2026
- Next Hearing Date
- 26th October, 2026 at 12:30 P.M.
What the company disclosed
Jagran Prakashan Ltd has informed the stock exchanges about the status of two company petitions before the National Company Law Tribunal, Allahabad Bench. This update follows the company's earlier disclosure made on 3rd September, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The two petitions named are
- "Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors., C.P. No. 64 of 2023"
- "Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Private Limited, C.P. No. 57 of 2025"
Both are company petitions under Sections 241/242 and 244 of the Companies Act, 2013 - the route through which shareholders can approach the Tribunal with grievances of oppression and mismanagement in a company's affairs.
What the tribunal did on 7th October, 2026
- In C.P. No. 64 of 2023, the Senior Counsel representing the Petitioners continued arguments, rejoining in rebuttal.
- Further arguments in that matter are to continue on 26th October, 2026, at 12:30 P.M.
- In C.P. No. 57 of 2025, at the request of the counsels representing the parties, the matter was adjourned for hearing on 26th October, 2026, at 12:30 P.M.
- The orders are dated 7th October, 2026, and a copy was received on 9th October, 2026, around 12:45 P.M.
What happens next
The next hearing in both matters is on 26th October, 2026, at 12:30 P.M. The company has stated that it will provide its next disclosure or update when there is a material development in the proceedings, and that the information will also be put up on its corporate website and on the websites of the National Stock Exchange of India Limited and BSE Limited.
How to read this
These are legal proceedings that are still before the Tribunal. The orders recorded that arguments continued and that the matters were listed for the next date. This is the kind of corporate litigation that typically moves over multiple hearings, so the near-term takeaway is procedural rather than a change in the company's day-to-day operations.
For a retail investor, the useful thing to track is the sequence of updates the company has committed to share, and any development it itself flags as material. Since the matters involve the promoter and promoter-group entities, the outcome and any directions the Tribunal may pass are what would matter for the ownership and control picture over time.
Also from Jagran Prakashan
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