Ansal Properties & Infrastructure Limited has informed the Exchanges that the 23rd Meeting of Committee of Creditors for Serene Residency Group Housing Project , of the Company situated at Sector ETA II, Greater Noida, Uttar Pradesh is scheduled to be held on the 31st July, 2025
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Ansal Properties & Infrastructure has informed the exchanges that the 23rd Meeting of the Committee of Creditors (CoC) for its 'Serene Residency Group Housing Project' in Greater Noida will be held on 31st July 2025. The project has been undergoing Corporate Insolvency Resolution Process (CIRP) since an NCLT order dated 20th October 2023, and is being managed by Resolution Professional Shri Navneet Kumar Gupta. Additionally, the company itself is currently under CIRP under the Insolvency and Bankruptcy Code, 2016, following an NCLT New Delhi order dated 25th February 2025, with its affairs managed by the same Resolution Professional.
This is a routine procedural update on an ongoing insolvency process rather than a new development. Shareholders should note that both the specific project and the company are already under CIRP, which means significant uncertainty remains around asset recovery and resolution outcomes for investors and creditors.