Ansal Properties and Infrastructure Limited is engaged in the business of Real Estate Business, who is one of the market players in their field. A widely reputed and professionally managed Organisation, Ansal API currently operates in a range of business verticals such as Integrated Townships, Condominiums, Group Housing, Malls, Shopping Complex, Hotels, SEZs, IT Parks and Infrastructure and Utility Services.
The Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench, Court-II, vide its Order dated 20th October, 2023, under Company Petition no. (IB)- 297(ND)/2023, in the matter of Indian Bank vs. M/s. Ansal Properties and Infrastructure Limited has approved the initiation of Corporate Insolvency Resolution Process (CIRP) against “Serene Residency Group Housing Project at Sector ETA II, Greater Noida” and appointed Mr. Navneet Kumar Gupta as an Interim Resolution Professional having Registration No. IBBI/IPA-001/IP-P00001/2016-2017/10009.