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Vikas Wsp Limited was incorporated in 1988 and manufactures and exports Guar Gum Powder and its derivatives. The company primarily serves international markets. Currently, Vikas Wsp Limited is undergoing a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, pursuant to an order from the National Company Law Tribunal dated February 2, 2022. As a result, the powers of the Board of Directors are suspended and are being exercised by a Resolution Professional acting under the CIRP.
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