Vikram Solar gets NCLAT stay on insolvency
Vikram Solar gets NCLAT stay on insolvency.
The National Company Law Appellate Tribunal (NCLAT) has granted a stay on the insolvency process against Vikram Solar. This halts any further proceedings under the Insolvency and Bankruptcy Code for now. The company had been facing financial stress amid delays in project clearances and receivables.
📊 STOCKS: VIKRAMSO~E (NSE not listed for public trading) | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Insolvency
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