Ansal Properties & Infrastructure Ltd has scheduled its 53rd Committee of Creditors meeting for the Fernhill Project in Gurgaon for June 15, 2026. The company's insolvency proceedings are now confined to Lucknow and Rajasthan projects.

Ansal Properties & Infrastructure Ltd Project Updates

53rd CoC meeting for Fernhill Project scheduled for June 15, 2026; CIRP confined to Lucknow and Rajasthan projects as of Jan 7, 2026.

Reader Takeaway: Fernhill project's insolvency process continues; resolution for other projects shows progress.

What just happened

Ansal Properties & Infrastructure Ltd has announced that the 53rd Committee of Creditors (CoC) meeting for its Fernhill Project in Gurgaon is scheduled for June 15, 2026. The company also updated that its Corporate Insolvency Resolution Process (CIRP) is now confined to its Lucknow and Rajasthan projects as of January 7, 2026.

The Serene Residency Group Housing Project in Greater Noida has had its Resolution Plan approved by the National Company Law Tribunal (NCLT) on October 6, 2025.

Why this matters

These updates provide crucial information for investors regarding the ongoing insolvency proceedings. The scheduled CoC meeting for the Fernhill Project indicates continued progress, albeit at a slow pace, in resolving that asset. The confinement of CIRP to specific projects streamlines the process and offers clarity on which assets remain under active insolvency resolution.

The backstory

The Fernhill Project was admitted to CIRP following an NCLT order on November 16, 2022, with scope confirmed by NCLAT on January 13, 2023. The Lucknow and Rajasthan projects' CIRP confinement follows a settlement agreement with IL&FS Financial Services Limited on March 3, 2022, and an NCLAT order on January 7, 2026. The Serene Residency project's resolution plan approval on October 6, 2025, marks a significant step for that particular asset.

What changes now

The focus for Ansal Properties' stakeholders shifts to the progress of the Fernhill project's CoC meetings and the management of the Lucknow and Rajasthan projects under the Resolution Professional. The company's operations for these specific projects are managed by Resolution Professional Shri Navneet Kumar Gupta.

Risks to watch

Delays in CoC meetings or further NCLT/NCLAT proceedings for the Fernhill project could extend the insolvency period. The success of the resolution plans for the Lucknow and Rajasthan projects remains a key watchpoint.

Context metrics (time-bound)

• Fernhill Project: 53rd CoC meeting scheduled for June 15, 2026.
• CIRP scope: Confined to Lucknow and Rajasthan projects as of Jan 7, 2026.
• Serene Residency Project: Resolution Plan approved by NCLT on Oct 6, 2025.

What to track next

Investors should closely follow the outcomes of the upcoming CoC meetings, especially for the Fernhill project, and any further orders or developments from the NCLT and NCLAT concerning the Lucknow and Rajasthan projects.