Announced Wed, 20 May · 13:29 IST

Hearing fixed on 20.05.2026 could not be taken up. Now the matter is listed for hearing on 02.06.2026

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.0%1-day move

₹0.98

prior close

₹0.98

base price

In-mkt

timing

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AI summary

Vikas WSP Limited, which has been under Corporate Insolvency Resolution Process (CIRP) since 2nd February 2022, disclosed that two applications listed before the NCLT Chandigarh Bench Court-II — IA (I.B.C.) No. 1538/2022 (Resolution Plan approval) and IA (I.B.C.) No. 764/2022 (Section 19(2) cooperation application) — could not be taken up on 20th May 2026. The regular bench was unavailable and only a special bench was functioning. Both matters are now rescheduled for hearing on 2nd June 2026. The company is being managed by Resolution Professional Mr. Darshan Singh Anand appointed by the NCLT Chandigarh Bench.

Likely market impact

The delay in the NCLT hearing pushes back the resolution timeline for the company. Shareholders should note the company remains under insolvency proceedings with no final resolution plan approved yet.