NSECorporate Insolvency Resolution Process5h ago · 5 Sept 2026, 04:15 pm
Corporate Insolvency Resolution Process
Ansal Properties & Infrastructure Limited · ANSALAPI
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Ansal Properties & Infrastructure Limited has submitted a certified copy of the order of the National Company Law Tribunal for approval of the resolution plan in the corporate insolvency resolution process of the Fernhill Project, a project based insolvency.
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Full Announcement
The Company has Submitted the Stock Exchanges certified Copy of the Order of the Hon'bleNational Company Law Tribunal for approval of Resolution Plan in the Corporate Insolvency Resolution Process of "Fernhill Project" of the Company situated at District Gurgaon, Haryana
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05th September, 2026
Scrip Code : ANSALAPI Scrip Code: 500013
National Stock BSE Limited
Exchange of India Ltd 25th Floor,
Exchange Plaza, Phiroze Jeejeebhoy Towers
Bandra–Kurla Complex, Dalal Street,
Bandra (East) Mumbai – 400 001
Mumbai – 400 051
Reg: (i) Intimation of the certified Copy of the Order of the Hon'ble
National Company Law Tribunal for approval of Resolution Plan in
the Corporate Insolvency Resolution Process of "Fernhill Project"
of the Company situated at District Gurgaon, Haryana”.
Ref: (i) Vide Order dated the 13th January, 2023 of Hon'ble National
Company Law Appellate Tribunal, New Delhi (NCLAT) -
Adjudicating Authority admitting Section 7 application shall
confine to 'Fernhill project' situated at District Gurgaon (Initially,
APIL was admitted into Corporate Insolvency Resolution Process
vide Order dated the 16th November, 2022 passed by the Hon'ble
National Company Law Tribunal, New Delhi Bench, Court-II).
(iii) Regulations 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended.
Dear Sir / Madam,
With reference to the captioned subject, please be informed that the Hon'ble National
Company Law Tribunal (NCLT), New Delhi, Bench II, in the matter "Bibhuti Bhusan
Biswas and ors. vs Ansal Properties and Infrastructure Limited (bearing CP No. -
330/ND/2021)”, has pronounced an Order dated the 24th July, 2026 (Enclosed
herewith as Annexure I) for approval of the Resolution Plan in the Corporate
Insolvency Resolution Process of "Fernhill Project" of the Company situated at District
Gurgaon, Haryana.
Further in accordance with the provisions of sub-Clause 16(k) and (l) of Para A of
Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015, the details of the specific features and details of the resolution
plan as approved by the NCLT, under the Insolvency Code, as provided by the
Resolution Professional, Shri Jalesh Kumar Grover on the 04th September, 2026, are
follows hereunder:
Ansal Properties & Infrastructure Ltd
115, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi-110 001
Tel.: 23353316 & 23353550
Website: www.ansalapi.com
CIN: L45101DL1967PLC004759
Email: contactansalapi@gmail.com
Sl. No. Particular Details
(i) Pre and Post net-worth of Since it is a project based insolvency,
the company hence the same is not applicable.
(ii) Details of assets of the Since it is a project based insolvency,
company post CIRP hence the same is not applicable.
(iii) Details of securities Since it is a project based insolvency,
continuing to be, imposed hence the same is not applicable.
on the companies' assets;
(iv) Other material liabilities Since it is a project based insolvency,
imposed on the company hence the same is not applicable.
(v) Detailed pre and post No Change
shareholding pattern
assuming 100% conversion
of convertible securities
(vi) Details of funds infused in 20 Cr. - For construction of Project
the company, creditors
paid-off;
(vii) Additional liability on the Nil
incoming investors due to
the transaction, source of
such funding etc.
(viii) Impact on the investor - Nil
revised P/E, RONW ratios
etc.
(ix) Names of the new Krish Infrastructure Private Limited
promoters, key managerial
personnel, if any and their
past experience in the
business or employment. In
case where promoters are
companies, history of such
company and names of
natural persons in control;
Ansal Properties & Infrastructure Ltd
115, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi-110 001
Tel.: 23353316 & 23353550
Website: www.ansalapi.com
CIN: L45101DL1967PLC004759
Email: contactansalapi@gmail.com
(x) Brief description of business The brief description of the business
strategy (revival plan). strategy is annexed herewith and
marked as “Annexure II”.
This is for your information and records.
1) Vide Orders of Hon’ble Supreme Court and Hon’ble NCLAT dated the 16th
April, 2026 and 07th January, 2026, respectively, Corporate Insolvency
Thanking you. Resolution Process under Insolvency and Bankruptcy Code, 2016 of the
Company was confined to its Lucknow and Rajasthan Projects. These Projects
Yours faithfully, are currently managed by Shri Navneet Kumar Gupta, Resolution Professional.
2) The Serene Residency Group Housing Project of APIL situated at Sector ETA –
For Ansal Properties and
II, Greater Noida, U.P, is also managed by Shri Navneet Kumar Gupta, Resolution
Infrastructure Limited Professional of said Project. The Resolution Plan of the said project was
approved by NCLT, New Delhi, Bench II on the 06th October, 2025.
3) The Fernhill Project of APIL, situated at District Gurgaon, Haryana, is managed
by Shri Jalesh Kumar Grover, Resolution Professional of the said Project. The
Resolution Plan of the said project was approved by NCLT, New Delhi, Bench II
on the 24th July, 2026.
Siddharth Goenka
Whole Time Director
(DIN: 11524566)
Encl: a/a
Ansal Properties & Infrastructure Ltd
115, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi-110 001
Tel.: 23353316 & 23353550
Website: www.ansalapi.com
CIN: L45101DL1967PLC004759
Email: contactansalapi@gmail.com
NATIONAL COMPANY LAW TRIBUNAL
NEW DELHI SPECIAL BENCH (COURT-II)
IA-1352/ND/2025, 1A-5451/ND/2025, IA (PLAN)-
08/ND/2026, 1A-1342/ND /2026, 1A-2132/ND /2026,
AND 1A-3232/ND/2026
CP (IB) NO. 330/(ND)/2021
IN THE MATTER OF CP NO. 330/(ND)/2021
(Under Section 7 of IBC, 2016)
Bibhuti Bhusan Biswas and Ors. ... Petitioner/
Financial Creditor
Versus
M/s Ansal Properties and Infrastructure ... Respondent/
Limited Corporate Debtor
NATIONALfi gum:ab:!’T RIBUNAL
IN THE MATTER OF IA-1352/ND/2025 CERTIFIED To BE TRUE COPY
HE i
(Under Section 60(5) r/w Rule 11 of NCLT Ri D&%&_fi:fl W,u
Samyak Projects Private Limited gt 40
121, First Floor, Antariksh Bhawan 22,
Deficient Fee: ~
Kasturba Gandhi Marg, Total BPe Paid Uy
New Delhi - 110001 .. Applicant
Versus
Jalesh Kumar Grover
Resolution Professional,
M/s Ansal Properties and Infrastructure Limited - Fernhill Project,
H. No. 1036,
Sector 15, Panchkula,
Haryana, 134113 ... Respondent
IN THE MATTER OF IA-5451/ND/2025
(Under Section 60(5) r/w Rule 11 of NCLT Rules, 2016)
Samyak Projects Private Limited
1A-1352/ND/2025, 1A-5451/ND/2025, IA(Plan)-08/ND/2026, IA-1342/ND /2026,
& 1A-3232/ND/2026i n CP(IB}-330/ND/2021
Bibhuti Bhushan Biswas & Ors. vs. M/s Ansal Properties and Infrastructure imited "
121, First Floor, Antariksh Bhawan 22,
Kasturba Gandhi Marg,
New Delhi - 110001 ... Applicant
Versus
1. Jalesh Kumar Grover
Resolution Professional,
M/s Ansal Properties and Infrastructure Limited - Fernhill Project,
H. No. 1036,
Sector 15, Panchkula,
Haryana, 134113
2. Aakriti Sood
Authorised Representative of Homebuyers,
M/S Ansal Properties & Infrastructure Limited - Fernhill Project,
Sanskriti Engineer's Apartment,
1A, Ground Floor, Gurugram,
Gh-22, Sector - 56,
Haryana 121001 ... Respondents
IN THE MATTER OF IA-08/ND/2026
JAMUEIRI 3 JAWOITAU
¥400 aJP'PS‘EBF&Sfl?&??‘G
) & Section 31 of IBC, 2016)
JAMIDIA0 IHT 30
Mr. Jalesh Kumar G!
Resolution. meess(oflhl
M/s Ansal Properties &‘Infras(‘n\cture Limited (Fernhill Project)
H. No. 1036, Sector 15, |
Panchkula, Haryana + 1?4113 ... Applicant
IN THE MATTER OF IA-1342/ND/2026
(Under Section 60(5) r/w Rule 11 of NCLT Rules, 2016)
Samyak Projects Private Limited
121, First Floor, Antariksh Bhawan 22,
Kasturba Gandhi Marg,
New Delhi — 110001 ... Applicant
Versus
1. Jalesh Kumar Grover
Resolution Professional,
M/s Ansal Properties and Infrastructure Limited - Fernhill Proje:
H. No. 1036, 2
&!A3 232/"13/2026i Cn P(IB)-BSO/ND/2021 .
Bibhuti Bhushan Biswas & Ors. vs. M/s Ansal Properties and Infrastructure Lumt:_d
Sector 15, Panchkula,
Haryana, 134113
2. Krish Infrastructure Private Limited
Office No. 101,
Krish City Centre, Tizara,
Rajasthan-301707 ... Respondents
IN THE MATTER OF 1A-2132/ND/2026
(Under Section 60(5) r/w Rule 11 of NCLT Rules, 2016)
Samyak Projects Private Limited
121, First Floor, Antariksh Bhawan 22,
Kasturba Gandhi Marg,
New Delhi - 110001 ... Appl
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