NCLAT Approves KSS Ltd Resolution Plan by Micro Capitals Pvt Ltd

KSS Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has received a significant update from the National Company Law Appellate Tribunal (NCLAT). The NCLAT, in a common judgment dated June 30, 2026, allowed appeals filed by Micro Capitals Private Limited and the Resolution Professional. This order sets aside a previous decision that rejected the resolution plan and now approves the plan submitted by Micro Capitals Private Limited. The Adjudicating Authority has been directed to pass consequential orders within one month. This approval signifies a crucial step towards the revival of KSS Limited, with implementation of the resolution plan to cover management changes and capital structure.