NCLT Allahabad Bench Re-notifies Key Matters for Further Hearing
Jagran Prakashan Limited updated stakeholders regarding the proceedings of two key matters before the National Company Law Tribunal (NCLT) Allahabad Bench, Prayagraj. Both matters were re-notified for further hearings scheduled for May 4, 2026.On April 16, 2026, the Tribunal issued orders concerning two separate cases: Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors. and Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Pvt. Ltd. & Ors.
Proceedings Update: Mahendra Mohan Gupta v. Devendra Mohan Gupta
The National Company Law Tribunal Allahabad Bench heard the matter titled Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors. under Sections 241/242 & 244 of the Companies Act, 2013.The Tribunal determined that the Bench did not take up the captioned matters on this date. Instead, the matter was re-notified for a subsequent hearing.
The details of the first proceeding are as follows:
| Case Title | Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors. |
|---|---|
| Forum | NCLT Allahabad Bench, Prayagraj |
| Case Numbers | CA No.30/2023, CA No.40/2023, CA No.44/2023, CA No.47/2023, CA No.48/2023, CA No.52/2023, CA No.58/2023, CA No.06/2024, CA No.09/2024, CA No.16/2024, CA No.17/2024 & CA No.19/2025 (in CP No.64/ALD/2023) |
| Outcome | Matter re-notified for further hearing. |
| Next Hearing Date | May 4, 2026, at 12:00 P.M. |
Proceedings Update: Shailendra Mohan Gupta v. Jagran Media Network
The Tribunal also addressed the matter concerning Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Pvt. Ltd. & Ors. The hearing took place under Sections 241/242 & 244 of the Companies Act, 2013.Similar to the first matter, the Bench did not take up this proceeding and re-notified the matter for a further hearing date.
The details of the second proceeding are presented below:
| Case Title | Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Pvt. Ltd. & Ors. |
|---|---|
| Forum | NCLT Allahabad Bench, Prayagraj |
| Case Number | CP No.57/ALD/2025 |
| Outcome | Matter re-notified for further hearing. |
| Next Hearing Date | May 4, 2026, at 12:00 P.M. |
In both proceedings, the NCLT Bench Member Technical, Ashish Verma, issued the order re-notifying the cases for further hearings scheduled for May 4, 2026, at 12:00 P.M.
JAGRAN Stock Price Movement
Shares of Jagran Prakashan Limited today slipped by 0.37% to settle at ₹67.11, down ₹0.25 from its previous close. The stock saw a total traded volume of 425,216 shares, closing closer to the lower end of its daily range.Source:
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