The Company has informed the stock exchanges about the Prior intimation - 46th Meeting of the Committee of Creditors for Fernhill project of the company, situated at District Gurgaon, Haryana, to be held on the 21st December 2025.
ANSALAPI · price
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Ansal Properties has informed the exchanges about the upcoming 46th meeting of the Committee of Creditors for its Fernhill project in Gurgaon, Haryana, scheduled for 21 December 2025. Committee of Creditors meetings take place under the Insolvency and Bankruptcy Code (IBC) once insolvency proceedings have been admitted. The fact that this is the 46th such meeting indicates that the insolvency resolution process for this project has been going on for a very long time. The meeting will likely involve discussions on the progress of the resolution plan, claims by creditors, or further extensions. Shareholders will want to watch for any updates on whether a resolution applicant has been finalised.
For retail investors, this signals prolonged financial distress in the Fernhill project and a drawn-out insolvency process with no clear resolution in sight. Existing shareholders of Ansal Properties may face significant dilution or loss of value depending on how the resolution plan is finally structured and approved.