StockWatch
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Other Agricultural Products
Legal11 May 2026, 02:44 pm

Vikas WSP: Resolution Plan Hearing Scheduled for May 18, 2026

AI Summary

Vikas WSP Ltd announced that the hearing regarding the approval of the resolution plan is scheduled for May 18, 2026, before the National Company Law Tribunal (NCLT), Chandigarh Bench. This follows a previous hearing on May 11, 2026, where one application (IA (I.B.C.) No. 1537/2022) was discussed, but other matters were adjourned due to time constraints. Vikas WSP is currently undergoing corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, with its affairs managed by the Resolution Professional, Mr. Darshan Singh Anand.

Key Highlights

  • Hearing for resolution plan approval set for May 18, 2026.
  • Previous hearing on May 11, 2026, addressed one application.
  • Vikas WSP is under corporate insolvency resolution process.
  • Resolution Professional managing the company's affairs.