UP CM offers to mediate in Amar Ujala group dispute

VISHAL SHARMA
AGRA, 11 MAY. The management & business dispute in the family run Agra based Amar Ujala group of publications has begun to draw attention of the UP government which has become concerned over the growing differences in this major newspaper & publication group of the state.
The UP Chief Minister Mulayam Singh Yadav openly expressed his concern over this dispute while talking to the Group Chairman Ashok Agarwal in Agra during his visit, suggesting that the group settle its disputes soon to save this prestigious newspaper brand of the state from splitting and he was also prepared to mediate for the peaceful resolution of this dispute if the group wishes so.
The dispute in the management of this group had come out in the open recently after Ajay Agarwal, the editor and 35 percent share holder in the group had alleged before the Company Law Board (CLB) that he had been removed from the post of Agra edition editor and his financial powers as the group director had been severely curtailed by the Maheshwari family which is the majority promoter of the group.
The CLB is currently hearing this management dispute and the group now goes before the principal bench of the board on 19th May for further hearing.
(UNITED NEWS NETWORK)

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