At the hearing held on 21st January, 2026. The application for seeking cooperation from the ex-management of the company was extensilvely heard while application for resolution plan could ....
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Vikas WSP Ltd, which has been under the Corporate Insolvency Resolution Process (CIRP) since February 2022, informed BSE about the NCLT Chandigarh Bench hearing held on 21st January 2026. The application seeking cooperation from the company's ex-management (IA No. 764/2022 and IA No. 2575/2024) was extensively heard. However, the key application for approval of the Resolution Plan (IA No. 1538/2022) could not be taken up. The next hearing is scheduled for 16th March 2026. Mr. Darshan Singh Anand continues to serve as the Resolution Professional managing the company's affairs.
Shareholders face continued uncertainty as the resolution plan approval remains pending, and the delay in hearing could prolong the insolvency process, keeping the stock under trading restrictions and risk.