Ansal Properties & Infrastructure Limited — Others, 03-03-2025: Corporate Insolvency Resolution Process

The 18th meeting of the Committee of Creditors (CoC) for the Sushant Serene Residency housing project was presided over by the Resolution Professional, Navneet Kumar Gupta. Key discussions included the approval request from Apex Height Private Limited for the installation of machinery and materials on-site, subject to conditions ensuring no construction starts until the resolution plan is ratified by the NCLT. The chair highlighted operational updates, reporting that road construction is complete, plumbing and wiring in many units are finished, and KYC for residents is nearing completion. Overall, the updates reflected progress and engagement in the ongoing resolution process, fostering a positive outlook among investors.