Ansal Properties and Infrastructure Limited (APIL) announced the outcome of the 46th Meeting of the Committee of Creditors (COC) for its Fernhill Project, located in Gurugram, Haryana. The meeting was held on December 21, 2025, with the voting end date being December 26, 2025. The primary agenda item was seeking approval from the COC for the updated List of Claims received after the order passed by Hon'ble NCLT on November 17, 2025, pursuant to Regulation 13(1b) of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. This updated list of claims was approved by the COC. The company is currently undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The affairs, business, and assets are managed by Shri Navneet Kumar Gupta, Resolution Professional, appointed by the Hon'ble National Company Law Tribunal (NCLT), New Delhi. Separately, the Serene Residency Group Housing Project of APIL in Greater Noida has a Resolution Plan approved by the NCLT on October 6, 2025. The Fernhill Project is managed by Shri Jalesh Kumar Grover, Resolution Professional.
