Vikas WSP Ltd — Important, 18-05-2026: Company Update

Vikas WSP Limited, currently undergoing corporate insolvency, shared an update on its National Company Law Tribunal (NCLT) proceedings. An application for cooperation was heard, where the applicant's arguments were presented, and the Tribunal is now hearing arguments from the respondents. Crucially, the application concerning the approval of the Resolution Plan could not be addressed due to time limitations. The proceedings have been deferred for a subsequent hearing, signaling a continued extension in the timeline for advancing towards a definitive resolution plan for the company.