Hearing in respect of approval of resolution plan is scheduled to be held on 18th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vikas WSP Ltd, which has been under Corporate Insolvency Resolution Process (CIRP) since February 2022, disclosed that multiple applications were listed for hearing before NCLT Chandigarh Bench on 11th May 2026. These include the Resolution Plan approval (IA No. 1538/2022), a Section 66 Application reporting alleged fraudulent transactions (IA No. 1537/2022), and a Section 19(2) Application seeking cooperation. The fraudulent transaction application was taken up for final arguments and heard at length, while the other matters could not be taken up due to time constraints. All matters are now listed for further hearing on 18th May 2026.
The company remains under insolvency proceedings with the Resolution Professional managing its affairs. Shareholders should note that fraudulent transactions are being examined by NCLT, and the resolution plan approval is still pending. The next hearing on 18th May 2026 will be a key development.