Ansal Properties Holds Sixth Committee of Creditors Meeting Under Corporate Insolvency Resolution Process

2 min read     Updated on 05 Jan 2026, 06:28 PM
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Suketu GScanX News Team
Overview

Ansal Properties and Infrastructure Limited held its sixth Committee of Creditors meeting on December 30, 2025, under CIRP, addressing critical issues including project delays, RERA compliance, and property transfer challenges. The meeting covered thirteen agenda items including vehicle handover by suspended directors, claims processing delays, and pending construction work across multiple projects managed by different resolution professionals.

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*this image is generated using AI for illustrative purposes only.

Ansal Properties & Infrastructure Limited conducted its sixth Committee of Creditors (CoC) meeting on December 30, 2025, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting was held through audio/video conferencing from 4:00 PM to 4:50 PM, chaired by Resolution Professional Navneet Kumar Gupta.

Meeting Overview and Participation

The CoC meeting followed proper regulatory procedures, with the Resolution Professional conducting roll calls of all participants and authorized representatives attending through video conferencing. The meeting achieved the required quorum in accordance with Regulation 22 of the Insolvency and Bankruptcy Board of India regulations.

Key Agenda Items Discussed

The meeting covered thirteen major agenda items addressing various aspects of the company's insolvency proceedings:

Agenda Item Description Status
Vehicle Handover Handover of luxury vehicle by suspended director to Resolution Professional Noted
Claims Processing Legal opinion on condonation of delay for claims received after 90 days from Insolvency Commencement Date Noted
Construction Issues Pending construction work, expired licenses, and layout plans of various projects Noted
Occupancy Certificates Non-availability of Occupancy/Completion Certificates (OC/CC) Noted
Property Transfers Status of transfer/registration of plots/units in various projects Noted
CIRP Cost Audit Audit report submitted by auditor in the insolvency resolution process Noted

Regulatory Compliance and Project Updates

Significant attention was given to ongoing non-compliance issues with Haryana RERA, including pending proceedings and regulatory actions pertaining to the company's Haryana projects. The committee discussed waiver of interest and penalties for transfer/registration of units, flats, or plots for allottees and homebuyers affected by prolonged project delays.

Project Management Structure

The company's affairs are managed under a complex structure involving multiple resolution professionals:

  • Main Company: Managed by Navneet Kumar Gupta, Resolution Professional, under NCLT New Delhi Bench IV order dated February 25, 2025
  • Serene Residency Project: Located in Sector ETA-II, Greater Noida, also managed by Navneet Kumar Gupta, with resolution plan approved by NCLT on October 6, 2025
  • Fernhill Project: Situated in District Gurgaon, Haryana, managed by Jalesh Kumar Grover as Resolution Professional

Operational Status and Legal Updates

The meeting provided comprehensive updates on the company's operational status as per Regulation 31B of the IBBI regulations. Legal updates were shared with CoC members and other stakeholders regarding the ongoing Corporate Insolvency Resolution Process. The Resolution Professional's AFA (Authorization for Assignment) was valid till December 31, 2025, with renewal application submitted.

Previous Meeting Reference

The committee took note of the minutes and voting results from the fifth CoC meeting held on September 10, 2025, ensuring continuity in the resolution process. The company had provided prior intimation about this sixth meeting to stock exchanges on December 24, 2025, maintaining transparency with regulatory authorities and stakeholders.

Historical Stock Returns for Ansal Properties & Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%-4.17%-4.17%-30.00%-67.34%-66.80%
Ansal Properties & Infrastructure
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Ansal Properties Announces 46th CoC Meeting Outcome for Fernhill Project

2 min read     Updated on 17 Dec 2025, 05:37 PM
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Reviewed by
Ashish TScanX News Team
Overview

Ansal Properties & Infrastructure Limited disclosed the outcome of its 46th Committee of Creditors meeting for the Fernhill Project, where the committee approved the updated list of claims received after the November 17, 2025 NCLT order. The meeting, held on December 21, 2025, with voting concluding on December 26, 2025, represents continued progress in the Corporate Insolvency Resolution Process under Resolution Professional Shri Jalesh Kumar Grover.

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*this image is generated using AI for illustrative purposes only.

Ansal Properties & Infrastructure Limited has announced the outcome of its 46th Committee of Creditors (CoC) meeting for the Fernhill Project, held on December 21, 2025, as part of the ongoing Corporate Insolvency Resolution Process (CIRP). The company submitted the voting results to stock exchanges following the conclusion of the voting period on December 26, 2025.

Meeting Outcome and Voting Results

The 46th CoC meeting addressed a critical agenda item regarding the approval of updated claims list. The committee successfully approved the updated list of claims received after the Hon'ble NCLT order dated November 17, 2025, pursuant to Regulation 13(1b) of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.

Meeting Details: Information
Meeting Date: December 21, 2025
Voting End Date: December 26, 2025
Agenda Item: Updated List of Claims Approval
Outcome: Approved

Corporate Insolvency Resolution Process Status

The Fernhill Project, situated in District Gurgaon, Haryana, continues under the management of Resolution Professional Shri Jalesh Kumar Grover. The CIRP proceedings were initially admitted following the Hon'ble National Company Law Tribunal order dated November 16, 2022, with subsequent modifications through the NCLAT order dated January 13, 2023, confining the proceedings specifically to the Fernhill project.

Previous Meeting Developments

The company had previously conducted its 45th CoC meeting on December 15, 2025, which addressed several critical aspects including CIRP extension approvals, revised resolution plan discussions, and expense ratifications. The NCLT had approved a 60-day extension of the CIRP period with effect from November 17, 2025, extending the timeline until January 16, 2026.

Previous Meeting Highlights: Details
45th CoC Meeting Date: December 15, 2025
CIRP Extension Period: 60 days from November 17, 2025
New CIRP End Date: January 16, 2026
Expenses Approved: ₹17.17 lakhs

Multi-Project Resolution Status

Ansal Properties & Infrastructure Limited is managing multiple projects under different resolution processes. While the Fernhill Project continues under CIRP with Shri Jalesh Kumar Grover as Resolution Professional, the company's Serene Residency Group Housing Project in Greater Noida has progressed further, with its resolution plan receiving approval from Hon'ble NCLT on October 6, 2025.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted both prior intimation on December 19, 2025, and post-meeting minutes on December 23, 2025, to the stock exchanges, ensuring transparent communication with stakeholders throughout the resolution process.

Historical Stock Returns for Ansal Properties & Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%-4.17%-4.17%-30.00%-67.34%-66.80%
Ansal Properties & Infrastructure
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