Deals6 Jan 2026, 05:01 pm
Ansal Properties & Infrastructure Ltd Receives Approval for Modified Resolution Plan from Committee of Creditors
AI Summary
Ansal Properties & Infrastructure Ltd has announced the outcome of the 47th Meeting of the Committee of Creditors for the Fernhill Project, situated at Gurugram, Haryana. The committee approved the modified resolution plan submitted by M/s Krish Infrastructure Pvt. Ltd. along with the addendums. The Resolution Professional has been authorized to file an application under section 31 of IBC, 2016 with the Adjudicating Authority for approval of the Modified Resolution Plan along with Addendums.
Key Highlights
- Ansal Properties & Infrastructure Ltd's Fernhill Project received approval for a modified resolution plan from the Committee of Creditors.
- The approved plan was submitted by M/s Krish Infrastructure Pvt. Ltd. along with addendums.
- The Resolution Professional has been authorized to file an application for the approval of the Modified Resolution Plan with the Adjudicating Authority.
- The decision was made in the 47th Meeting of the Committee of Creditors held on 30th December 2025.
- The voting end date was 5th January 2025.