Vikram Solar Limited: NCLAT Sets Aside CIRP Order, Reversing Tribunal Decision
The Hon'ble NCLAT has set aside the NCLT's order admitting the Corporate Insolvency Resolution Process against Vikram Solar Limited. This decision reverses the earlier tribunal order, providing significant relief to the company.
The reversal of an insolvency resolution process admission order has a significant positive impact on the company's operations, reputation, and investor confidence.
The NCLAT setting aside the CIRP order is a positive development for the company as it reverses a potentially detrimental legal action.
Vikram Solar Limited has announced that the Hon'ble National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has set aside the order of the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench, dated 12 June 2026. The NCLT's earlier order had admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Vikram Solar Limited.
This decision by the NCLAT, dated 29 June 2026, effectively reverses the admission of the Corporate Insolvency Resolution Process (CIRP) against the company. The company had previously intimated about this development on 19 June 2026, 22 June 2026, 24 June 2026, and 25 June 2026.
Vikram Solar Limited will make a copy of the written order from the Hon'ble NCLAT available on its website upon receipt.
What to do with a filing like this
Vikram Solar Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Vikram Solar Limited. Read the original for the full detail.