NCLAT Sets Aside Order on Insolvency Application Against Vikram Solar Ltd

NCLAT Sets Aside Order on Insolvency Application Against Vikram Solar Ltd

NCLAT Sets Aside Order on Insolvency Application Against Vikram Solar Ltd​

The National Company Law Appellate Tribunal (NCLAT) issued an order setting aside the previous ruling regarding the admission of a Section 9 application under the Insolvency and Bankruptcy Code, 2016 against Vikram Solar Limited.

The Hon'ble NCLAT, Principal Bench in New Delhi, passed the order on June 29, 2026. This decision overturns the finding made by the National Company Law Tribunal, Kolkata Bench, which had previously admitted the application. The earlier order from the Kolkata Bench was issued on June 12, 2026, and became available on June 18, 2026.

The NCLAT's decision concerns the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Vikram Solar Limited.

VIKRAMSOLR Stock Price Movement​

Today, shares of Vikram Solar Limited gained 0.87% in the post-market session, closing at ₹186.68. The company settled with solid trading activity, reporting a volume of 852,341 shares exchanged.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Editorial Note

This news article was written and created by Karthik, and published on IST.
Back
Top