NCLAT sets aside insolvency proceedings against Vikram Solar
The National Company Law Appellate Tribunal (NCLAT) has set aside the corporate insolvency resolution process (CIRP) initiated against Vikram Solar Limited, overturning an earlier order of the National Company Law Tribunal (NCLT), Kolkata Bench. The appellate tribunal’s order, dated June 29, 2026, effectively terminates the insolvency proceedings initiated against the solar module manufacturer. Background of…