Ansal Properties and Infrastructure Limited (APIL) has announced the outcome of the 47th Meeting of the Committee of Creditors (COC) for its Fernhill Project, located in Gurugram, Haryana. The meeting, held on December 30, 2025, saw the approval of a modified resolution plan submitted by M/s Krish Infrastructure Pvt. Ltd. along with its addendums. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The Fernhill project is being managed by Shri Jalesh Kumar Grover, who serves as the Resolution Professional for this specific project. APIL also noted that its Serene Residency Group Housing Project in Greater Noida, UP, has had its Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT), New Delhi, Bench II, on October 6, 2025. The company's overall affairs are being managed by Shri Navneet Kumar Gupta, the Resolution Professional appointed by the Hon'ble NCLT, New Delhi.
