NCLAT Sets Aside Insolvency Application Against Vikram Solar Ltd

Vikram Solar Ltd announced that the Hon'ble National Company Law Appellate Tribunal (NCLAT) has set aside a previous order by the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench. The NCLT's order, dated June 12, 2026, had admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Vikram Solar Limited. This NCLAT decision effectively overturns the admission of the insolvency proceedings, providing significant relief to the company. Vikram Solar will make the written order available upon receipt.