CIRP HEARING HELD ON 02.06.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vikas WSP Ltd, currently under Corporate Insolvency Resolution Process (CIRP) since February 2022, held an NCLT hearing at Chandigarh Bench on June 2, 2026. Two applications were listed: IA 764/2022 (Section 19(2) cooperation application) and IA 1538/2022 (approval of the Resolution Plan). Arguments from respondents R-1 to R-5, R-6, and R-10 were heard on IA 764/2022, but the key Resolution Plan approval application could not be taken up due to lack of time. Both matters are now adjourned to the next hearing on July 8, 2026.
The Resolution Plan, which is critical for determining the company's revival or liquidation, remains pending and has been further delayed. Shareholders face continued uncertainty as the insolvency process drags on over four years without resolution, keeping the stock under significant risk.