Vikas WSP Limited Faces Compliance Challenges Amid Ongoing Insolvency Process
Vikas WSP Limited, under Corporate Insolvency Resolution Process (CIRP) since February 2022, reported multiple compliance issues in its Annual Secretarial Compliance Report for FY 2025. These include delayed financial filings, non-installation of Structured Digital Database, directors' KYC non-compliance, and late filing of the previous year's compliance report. Operational difficulties include non-cooperation from ex-management and key personnel departure. BSE imposed penalties totaling Rs. 1,53,400.00 for various delays. The company awaits NCLT approval of a resolution plan by Arcbolt Space and Foods Private Limited.
24Jul 25
Vikas WSP Limited's NCLT Resolution Plan Hearing Adjourned to December 15, 2025
Vikas WSP Limited, under Corporate Insolvency Resolution Process (CIRP) since February 2022, had its NCLT hearing for resolution plan approval adjourned to December 15, 2025. The company is currently managed by Resolution Professional Mr. Darshan Singh Anand. This update was disclosed to BSE Limited in compliance with SEBI regulations.
24Jul 25
Vikas WSP's NCLT Hearing for Resolution Plan Adjourned to August 19, 2025
Vikas WSP Limited, under Corporate Insolvency Resolution Process (CIRP) since February 2, 2022, had its NCLT Chandigarh Bench hearing on July 23, 2025, regarding the approval of its Resolution Plan. The hearing was adjourned to August 19, 2025. Resolution Professional Mr. Darshan Singh Anand continues to manage the company's affairs. The company has informed BSE Limited about these developments in compliance with SEBI regulations.