Ansal Properties & Infrastructure Limited — Others, 25-06-2025: Corporate Insolvency Resolution Process

Ansal Properties and Infrastructure Limited’s Serene Residency Group Housing Project in Greater Noida continues under Corporate Insolvency Resolution Process (CIRP), managed by Resolution Professional Navneet Kumar Gupta. The 21st Committee of Creditors meeting covered updates on pending legal cases, including orders reserved on objections by a stakeholder, and ongoing follow-ups with the National Company Law Tribunal. Operationally, 45 units are completed with substantial progress in plumbing, wiring, doors, and finishing works across over 50 units. Key handovers have begun, though final possession awaits the Occupancy Certificate, for which all major works, including the STP plant and road lighting, are largely done and coordination with authorities is ongoing.