Ansal Properties & Infrastructure Limited — Others, 14-07-2025: Corporate Insolvency Resolution Process

Ansal Properties and Infrastructure's Committee of Creditors for its Fernhill Project in Gurugram has approved a crucial step. The Committee authorized the Resolution Professional to file an application and initiate legal proceedings against M/S Samyak Projects Private Limited before the NCLT. This action addresses specific matters concerning the Fernhill project, which is currently undergoing a Corporate Insolvency Resolution Process. This development reflects ongoing efforts to resolve issues and manage the project's assets under the supervision of the Resolution Professional, potentially impacting the overall resolution plan for the project's stakeholders.