NCLT update on promoter family disputes; next hearing on December 18
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Jagran Prakashan shared a status update on two NCLT Allahabad cases involving promoter family disputes (Gupta family), both under Section 241/242 of Companies Act 2013. In C.P. 64/2023, Senior Counsel for Respondents 2 and 5 concluded arguments and another Senior Counsel will begin next. In C.P. 57/2025, respondents were granted one week to file their reply. Both matters adjourned to 18 December 2025 at 3 PM. No ruling or adverse order was issued.
Procedural update on ongoing promoter-level disputes; no adverse order yet, hearings to continue on 18 Dec.