Ansal Properties and Infrastructure Limited (APIL) has announced the outcome and voting results of the 48th Meeting of the Committee of Creditors (COC) for its Fernhill Project in Gurugram, Haryana, held on January 27, 2026. The voting concluded on February 1, 2026. During the meeting, two key agenda items were approved by the committee. The appointment of Mr. Chimman Singh as Site Manager/Engineer for the Fernhill Project was ratified, along with the approval of his associated expenses. Additionally, the expenses incurred during the Corporate Insolvency Resolution Process (CIRP) up to January 15, 2026, were also ratified and approved. APIL is currently undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The company's affairs are managed by Shri Navneet Kumar Gupta, appointed by the Hon'ble National Company Law Tribunal (NCLT), New Delhi. The CIRP has been confined to specific projects, including the Fernhill Project in Gurugram, managed by Shri Mukesh Kumar Grover.
