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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
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Vikas WSP Ltd

Vikas WSP Ltd: NCLT Hearing on Resolution Plan Adjourned to July 8, 2026

REGULATORY ◆ Monitor Closely HIGH RISK
📅 Filed on BSE: 05 Jun 2026, 06:30 PM IST  ·  BSE ID: 542be3d3-84d7-4af2-9e6d-ae1b923d64e1
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's court process to resolve its insolvency has a key hearing scheduled for July 8, 2026.
🤖 AI Summary
  • NCLT Chandigarh heard arguments on IA (I.B.C.) No. 764/2022, related to cooperation during CIRP.
  • Hearing on IA (I.B.C.) No. 1538/2022, seeking approval of the Resolution Plan, was adjourned.
  • Proceedings were listed for further hearing on 08th July 2026 before the NCLT, Chandigarh Bench.
  • Company remains under Corporate Insolvency Resolution Process (CIRP) since February 2, 2022.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Hearing Date
02nd June 2026
Next Hearing Date
08th July 2026
CIRP Commencement Date
02nd February, 2022
🏢 How This Affects the Company
💰
Financial Impact
The ongoing CIRP means the company's assets and operations are managed by a Resolution Professional, impacting future business strategy and financial restructuring.
⚙️
Operational Impact
The company's board powers remain vested in the Interim Resolution Professional, indicating continued external management of its affairs.
⚠️
Risk Impact
The delay in resolution plan approval continues the uncertainty surrounding the company's future ownership and operational structure.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this hearing update.
👤
Who Is Affected
All shareholders are affected by the continued uncertainty and proceedings of the Corporate Insolvency Resolution Process.
🔍
Management Signal
The adjournment indicates that the resolution process is ongoing and complex, requiring further judicial deliberation.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Next NCLT hearing on resolution plan on July 8, 2026.
Outcome of IA (I.B.C.) No. 764/2022 arguments and further directions.
Any further disclosures regarding the progress of the CIRP.
HIGH RISK Company is under Corporate Insolvency Resolution Process (CIRP), indicating significant financial distress and uncertainty.
💡 Investor Takeaway
Vikas WSP Ltd's NCLT hearing on its resolution plan was adjourned to July 8, 2026. Arguments on a separate cooperation application were heard. The company has been under CIRP since February 2, 2022.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Resolution Plan approval hearing postponed, extending the uncertainty of the Corporate Insolvency Resolution Process.
  • Company continues to operate under CIRP, managed by a Resolution Professional since February 2, 2022.
❓ Frequently Asked Questions
When was the hearing held for Vikas WSP Ltd's resolution plan?
A hearing was held on 02nd June 2026 before the Hon’ble National Company Law Tribunal, Chandigarh Bench.
What applications were scheduled for hearing on June 2, 2026?
Applications IA (I.B.C.) No. 1538/2022 (Resolution Plan approval) and IA (I.B.C.) No. 764/2022 (Section 19(2) cooperation) were scheduled.
Why was the resolution plan approval not discussed?
Due to paucity of time, the application pertaining to the approval of the Resolution Plan could not be taken up for discussion.
When is the next hearing date for Vikas WSP Ltd?
The matters are listed for further hearing on 08th July 2026 before the NCLT, Chandigarh Bench.
Since when is Vikas WSP Ltd under CIRP?
Vikas WSP Limited has been under Corporate Insolvency Resolution Process (CIRP) since 02nd February, 2022.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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