The Gupta family, which owns India’s most widely read daily, challenged the managing director’s petition and the court ruled against it. It is now appealing the verdict in the company tribunal in Delhi.
The succession crisis at the Jagran group looks nowhere close to resolution. Sanjay Gupta, the editor-in-chief of Dainik Jagran, India’s most widely read newspaper, challenged on Saturday an order of the National Company Law Tribunal in Allahabad at the company tribunal in Delhi.
In July, Mahendra Mohan Gupta—the 82-year-old managing director of Jagran Prakashan Ltd, which owns and operates Dainik Jagran—had filed a petition against members of the Gupta family (including Sanjay), which owns Jagran Prakashan, in the company tribunal in Allahabad. Sanjay had challenged the maintainability of a petition filed by his uncle Mahendra in the tribunal. On 4 …
Ayush reported on the travails of the media and social media platforms in India at The Morning Context. He was previously at Newslaundry, where he reported on sectarian violence and politics from Northeast India, Kashmir and North India.
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ayush@mailtmc.com
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