The company has informed the stock exchanges about the Post intimation- Minutes of 52nd Meeting of the Committee of Creditors of Fernhill Project of Ansal Properties and Infrastructure ....
ANSALAPI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ansal Properties & Infrastructure Ltd held its 52nd Committee of Creditors (CoC) meeting on May 20, 2026 for the Fernhill Project in Gurgaon, Haryana. The meeting was conducted virtually with the Resolution Professional Jalesh Kumar Grover presiding. Key agenda items included approval of prior meeting minutes, status update on ongoing NCLT litigations, and ratification of Rs. 61,069 in CIRP expenses. The meeting noted multiple pending applications before NCLT including avoidance applications under Section 66 against Samyak Projects Pvt. Ltd., a resolution plan approval application, and an appeal by Samyak that was dismissed by NCLAT. Home buyers' representative raised concerns about alleged fraudulent transactions by Samyak, including claims of Rs. 83 crore siphoning supported by an EOW charge sheet and ED property attachment. The suspended board directors did not attend the meeting.
The company remains under insolvency resolution for the Fernhill Project with multiple legal disputes pending. The ongoing CIRP indicates continued financial stress, and shareholders should expect extended resolution timelines given the volume of contested applications.