Vikram Solar Limited has received significant relief after the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, overturned an earlier insolvency admission order passed against the company. The development was announced by the company on June 29, 2026, through a regulatory filing submitted to the stock exchanges.
Earlier, the National Company Law Tribunal (NCLT), Kolkata Bench, had admitted an insolvency application against Vikram Solar under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The order was passed on June 12, 2026, and was made available on June 18, 2026. Following that decision, Vikram Solar informed investors and…