The Company has informed the stock exchanges about the Post intimation - Minutes of Fifty-Second (52nd) Meeting of the Committee of Creditors of Fernhill Project of Ansal Properties and Infrastructure Limited (APIL or Company) situated at District Gurgaon, Haryana, held on the 20th May, 2026.
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Ansal Properties & Infrastructure Limited held its 52nd Committee of Creditors (CoC) meeting on May 20, 2026 for the Fernhill Project in Gurgaon, Haryana, which is under Corporate Insolvency Resolution Process (CIRP). The meeting was chaired by Resolution Professional Jalesh Kumar Grover with attendance from the Authorized Representative of Home Buyers and one unsecured financial creditor. The CoC approved RP expenses of Rs. 61,069.41 for the period March 16 to May 10, 2026. The meeting discussed status of approximately 20 ongoing legal matters at NCLT, including the Resolution Plan application (IA No. 8 of 2026) pending approval, multiple avoidance applications against Samyak Projects Pvt. Ltd., and various litigation involving the successful resolution applicant. Several applications have reserved orders pending from NCLT, with next hearings scheduled for May 28, 2026.
The Fernhill Project CIRP continues with multiple litigations pending resolution. The resolution plan approval remains pending at NCLT, indicating extended insolvency proceedings with uncertainty for stakeholders.