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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 Order Reserved on Resolution Plan Approval

REGULATORY ◆ Monitor Closely HIGH RISK
📅 Filed on BSE: 22 Jul 2026, 12:58 PM IST  ·  BSE ID: 054b23c8-e5eb-4251-b94d-f4445b3c3d9c
View Original BSE Filing (PDF)
💡
In Simple Terms
The court is deciding whether to approve the company's plan to resolve its financial issues.
🤖 AI Summary
  • NCLT hearing for Vikas WSP's resolution plan held on July 22, 2026.
  • The National Company Law Tribunal has reserved its order on the resolution plan.
  • This is a continuation of earlier proceedings concerning IA (I.B.C.) No. 1538/2022.
  • Vikas WSP Limited has been under corporate insolvency resolution process (CIRP) since February 2, 2022.
🏢 How This Affects the Company
💰
Financial Impact
The outcome of the NCLT's order will determine the future financial structure and potential revival of the company under the approved resolution plan.
⚙️
Operational Impact
The resolution plan, if approved, will dictate the future operational framework and management of the company.
⚠️
Risk Impact
The order being reserved signifies an ongoing critical juncture in the CIRP, with the final outcome remaining uncertain.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders pending the NCLT's order.
👤
Who Is Affected
All existing shareholders are affected by the ongoing CIRP and the potential outcome of the resolution plan.
🔍
Management Signal
The company is progressing through the mandatory legal process of corporate insolvency resolution as per code provisions.

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

👁 Watch List - track these upcoming events
NCLT order on the resolution plan approval
Confirmation of CIRP completion or continuation
Any subsequent actions mandated by the NCLT
HIGH RISK Company is undergoing corporate insolvency resolution process with an uncertain outcome.
💡 Investor Takeaway
Vikas WSP Ltd's resolution plan hearing has concluded, with the NCLT reserving its order. The company remains under corporate insolvency resolution process (CIRP) since February 2022.
📅 Company Track Record
Vikas WSP Limited has been under corporate insolvency resolution process (CIRP) since February 02, 2022. The company's affairs are managed by an Interim Resolution Professional, now Resolution Professional.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was the development regarding Vikas WSP Ltd's resolution plan on July 22, 2026?
On July 22, 2026, the National Company Law Tribunal heard the application pertaining to the approval of the Resolution Plan and has reserved its order.
When did Vikas WSP Limited enter Corporate Insolvency Resolution Process (CIRP)?
Vikas WSP Limited entered corporate insolvency resolution process (CIRP) pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016, with effect from February 02, 2022.
Who is managing Vikas WSP Limited during the CIRP?
The affairs, business, and assets of Vikas WSP Limited are managed by Mr. Darshan Singh Anand, the Resolution Professional, since February 02, 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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