Hearing pertaining to approval of Resolution Plan was scheduled to be held on 15th December, 2025
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Vikas WSP Ltd, which has been under the Corporate Insolvency Resolution Process (CIRP) since February 2022, informed the stock exchange about the latest hearing before the NCLT Chandigarh Bench. An application seeking approval of the company's Resolution Plan (IA No. 1538/2022) was taken up for hearing on December 2, 2025, along with other connected applications. The NCLT has now listed these matters for further hearing on December 15, 2025. The company's affairs continue to be managed by the Resolution Professional, Mr. Darshan Singh Anand, appointed by the NCLT in February 2022.
The Resolution Plan remains pending NCLT approval, which means the company's revival is still uncertain. Approval in the upcoming hearing would be a positive trigger for shareholders, while further delays could prolong the suspension of trading and operational uncertainty.