NCLT Approves Resolution Plan for Ansal API's Fernhill Project
NCLT approved the resolution plan for Ansal Properties & Infrastructure Limited's Fernhill Project on July 24, 2026. Krish Infrastructure Private Limited is the new promoter. The plan includes ₹20 crore for construction. This follows insolvency proceedings initially admitted in November 2022.
The resolution plan approval directly addresses the insolvency of a specific project, which is a critical step for the company's future operations and stakeholder confidence.
The approval of a resolution plan by the NCLT is a positive development that signifies progress towards resolving the company's insolvency and potentially reviving the project.
The Hon'ble National Company Law Tribunal (NCLT), New Delhi, has approved a Resolution Plan for the 'Fernhill Project' of Ansal Properties & Infrastructure Limited (APIL) located in Gurgaon, Haryana. This approval, pronounced on July 24, 2026, follows the Corporate Insolvency Resolution Process (CIRP) for the project.
The resolution plan details, as provided by Resolution Professional Shri Jalesh Kumar Grover on September 4, 2026, indicate that Krish Infrastructure Private Limited will be the new promoter. The plan includes ₹20 crore infused for project construction. Notably, for this project-based insolvency, pre and post net-worth, assets, securities, and other material liabilities are deemed not applicable. The shareholding pattern remains unchanged, and there are no additional liabilities on incoming investors.
This development is a significant step in resolving the insolvency proceedings that were initially admitted on November 16, 2022, and later confined to the Fernhill project by the Hon'ble National Company Law Appellate Tribunal (NCLAT) on January 13, 2023. The NCLT's order marks a move towards the revival and completion of the Fernhill Project.
What to do with a filing like this
Ansal Properties & Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Ansal Properties & Infrastructure Limited. Read the original for the full detail.