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

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.63% | -4.17% | -4.17% | -30.00% | -67.34% | -66.80% |














































