Sarkar family feud: NCLT Kolkata dismisses plea alleging mismanagement in ABP Group

In 2016, disputes had arisen between the Sarkar family members with respect to the control of the ABP Group. In April 2017, a memorandum of family settlement was executed.

The National Company Law Tribunal (NCLT) at Kolkata recently dismissed a petition filed by the ABP Group Vice Chairman Aveek Kumar Sarkar against his brother Arup Kumar Sarkar and sister Sarbani Sarkar over alleged oppression and mismanagement in the media conglomerate [Aveek Sarkar & Ors v. ABP Pvt Ltd & Ors].

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