Ansal Properties & Infrastructure Limited — Others, 17-05-2025: Corporate Insolvency Resolution Process

Ansal Properties and Infrastructure Limited has announced a board meeting of its Committee of Creditors to review its ongoing Corporate Insolvency Resolution Process. Key topics included updating previous minutes, appointing and setting fees for statutory and secretarial auditors, and approving a facilitator for homebuyers/allottees. The meeting also covered cost rationalization efforts by the Resolution Professional, legal updates, and the company’s operational status during insolvency. Certain decisions on audit appointments and CIRP budget costs were deferred for later discussions. This reflects ongoing efforts to manage insolvency efficiently while addressing stakeholder concerns.