Ansal Properties & Infrastructure Limited — Others, 28-05-2025: Corporate Insolvency Resolution Process

Ansal Properties and Infrastructure Limited is undergoing Corporate Insolvency Resolution Process overseen by Resolution Professionals. The Committee of Creditors approved auditors for the resolution process and secretarial audit but deferred decisions on the CIRP budget, statutory auditor fees, and transaction auditor appointment. A request by homebuyers to appoint a facilitator was declined. Discussions covered operational status, cost-cutting measures, and legal updates, signaling active management to safeguard stakeholder interests during insolvency.