The Company has informed the stock exchange that the 51st meeting of the committee of creditors of Fernhill Project of the Company, situated at District Gurgaon, is scheduled to be held on the 21st April, 2026.
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Ansal Properties & Infrastructure Limited has notified exchanges about the 51st meeting of the Committee of Creditors for its Fernhill project in Gurgaon, Haryana, scheduled for April 21, 2026. The company was admitted into Corporate Insolvency Resolution Process (CIRP) under IBC 2016 via NCLT order dated November 16, 2022. NCLAT later confined the proceedings to the Fernhill project specifically. The project is managed by Resolution Professional Jalesh Kumar Grover. Notably, the company's CIRP was further confined to Lucknow and Rajasthan projects via a January 2026 NCLAT order, while a separate project (Serene Residency in Greater Noida) had its resolution plan approved by NCLT on October 6, 2025.
The ongoing insolvency proceedings for Fernhill indicate continued financial distress for this specific project. The company has multiple projects under separate insolvency processes, suggesting broader structural challenges. Investors should monitor CoC meeting outcomes as they determine the eventual resolution plan for the project.