The Company has informed the stock exchanges about the 48th Meeting of the Committee of Creditors for Fernhill project of Ansal Properties and Infrastructure Limited (APIL), situated at District Gurgaon, Haryana, to be held on the 27th January, 2026.
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Ansal Properties & Infrastructure has informed the stock exchanges about the 48th meeting of the Committee of Creditors (CoC) for its Fernhill project in Gurgaon, Haryana, scheduled for 27th January 2026. The fact that a CoC is meeting indicates the project is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code. The very high number of meetings (48th) suggests the resolution process has been prolonged without a final resolution plan being approved yet.
Continued insolvency proceedings mean uncertainty for shareholders, homebuyers, and creditors. The prolonged process without resolution is negative for minority shareholders, who typically face significant dilution or write-down in such scenarios.