5000132026-04-225000132026-04-222026-04-22in-capmkt:CorporateInsolvencyResolutionProcessEvent1Member5000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain15000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain25000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain35000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain45000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain55000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain65000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberAgendaDomain75000132026-04-222026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMember5000132026-04-22in-capmkt:PriorOrPostFactoIntimationOfTheMeetingsOfCommitteeOfCreditorsMemberxbrli:pureANSAL PROPERTIES & INFRASTRUCTURE LIMITEDANSALAPI500013NOLTLISTEDINE436A01026NewPrior or Post-facto intimation of the meetings of Committee of Creditors2026-04-22Post-facto Intimation2026-04-2151THE RESOLUTION PROFESSIONAL TO TAKE CHAIR OF THE MEETING AS PER REGULATION 24 OF THE IBBI (CIRP) REGULATIONS, 2016Mr. Jalesh Kumar Grover, having registration number IBBI/IPA-001/IP-P00200/2017- 2018/10390 was appointed as Resolution Professional (‘RP’) in the matter of M/s Ansal Properties and Infrastructure Limited (Fernhill Project, Gurugram) by the Hon’ble NCLT, New Delhi Bench, Court– II vide its order dated 10.01.2024.TO ASCERTAIN THE QUORUM OF THE MEETING AS PER REGULATION 22 OF IBBI (CIRP) REGULATIONS, 2016The Chairman apprised the committee that as per Regulation 22(1) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the quorum for the meeting of the committee of creditors is achieved if members of the committee representing at least 33% of the voting rights are present either in person or by video conferencing or other audio-visual means; provided that the committee may modify the percentage of voting rights required for quorum in respect of any future meetings of the committee.TO GRANT LEAVE OF ABSENCE TO THE MEMBERS, IF ANYThe Chairman apprised that no request for grant of leave has been received by the RP. Hence, no leave of absence was granted to any member/participant. The Chairman further apprised that the Directors (powers suspended) of the CD did not attend any meeting earlier; however , two Directors ( powers suspended) were present in the meeting. Further, Mr. Vinod Kumar Saini (Unsecured Financial Creditor) having 0.04% voting rights, did not attend the meeting. The Committee took note of the same.TO APPROVE AND CONFIRM THE MINUTES OF THE 50th COC MEETING HELD ON 23th MARCH, 2026 AT 12:30 PM.The Chairman apprised the committee that the minutes of the Forty Ninth COC meeting held on 25.02.2026 as approved by the RP had been circulated to all the participants electronically within 48 hours of the meeting in accordance with Regulation 24, sub-regulation (7) of the IBBI (CIRP) Regulations, 2016. A copy of the minutes of the 49th COC meeting was attached with the notice of the instant meeting as Annexure-50.04.01.TO TAKE NOTE OF RESULTS OF E-VOTING ON THE AGENDAS OF 50TH COC MEETING HELD ON 23RD MARCH, 2026 AT 12:30 PM.The Chairman apprised the Committee that the agenda items discussed in the 50th COC meeting held on 23.03.2026 were put for E-Voting before CoC members. The e-voting window for the Home-buyers was opened on 25.03.2026 at 02:00 P.M. which was kept open till 02:00 P.M. on 27.03.2026.TO APPRISE THE COMMITTEE REGARDING THE STATUS OF ONGOING LITIGATIONSThe Chairman apprised the CoC that all the matters were last listed for hearing on 08.04.2026. During the course of hearing, Sr. Counsel Mr. Kohli appearing for Samyak Projects appeared and submitted that, in terms of the IBBI order against the RP, RP and his legal counsel cannot represent the COC. The counsel of the RP vehemently objected to the submissions made in terms of the IBBI Order and clarified that the said order shall be effective only after 30.04.2026. In the meantime, RP has already filed a writ petition, challenging the said order. Thereafter, Sr. Counsel Mr. Fernandes appeared for Applicant in I.A. No. 950 of 2026 pressing for issuance of notice in the said Application; however, the counsel of RP vehemently objected, questioning the maintainability of the said Application and issuance of notice.TO APPRISE THE COC REGARDING ORDER DATED 30.03.2026 PASSED BY THE DISCIPLINARY COMMITTEE OF IBBI AGAINST RESOLUTION PROFESSIONALThe Chairman apprised the CoC that the Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI), vide its order dated 30 March 2026, had ordered the suspension of his registration as an Insolvency Professional for a period of one year, which was duly intimated to the CoC vide mail dated 02.04.2026. The RP further apprised the CoC that the above-mentioned Order will come into force after the expiry of 30 days from its date of issuance which will be 30.04.2026.The Authorised Representative of Class of Homebuyers, Ms. Aakriti Sood, informed the RP that she had conducted an online meeting of the Homebuyers on 05.04.2026. During the meeting and thereafter also, she received several emails from homebuyers. While some homebuyers requested conducting a meeting physically at the Ansal Fernhill project site (Fernhill, Gurugram), others expressed their preference for online meeting. Thereafter, the AR requested the RP to provide his opinion/guidance on whether the meeting could be conducted at the project site and whether such an arrangement would attract CIRP costs. The RP clarified that there is no provision under the IBC mandating the conduct of physical meetings. Further, the RP stated that conducting a physical meeting in the present matter is practically not feasible, considering that there are more than 600 homebuyers, many of whom are located in different places, and may feel aggrieved if they are unable to participate. The RP further stated that a physical meeting at the project site cannot be permitted, as certain issues involving Samyak are still unresolved, and the DSP had previously communicated that no such activities be carried out at the site which may give rise to further litigation/ altercation with Samyak. In furtherance to the above, the RP had filed an application against Samyak with Hon’ble NCLT and the same is pending adjudication, presently. Additionally, the RP apprised the Committee that a request had been received from one of the homebuyers seeking permission to conduct a Sunderkand Path at the project site. The RP informed that since he was not in a position to allow such request, the same has been declined and the person has been advised that such path may be organised at any other location except Fernhill Project Site, Gurugram. In light of the above, the RP stated that no meeting or gathering can be allowed at the project site until the Hon’ble NCLT allows the application filed by RP against Samyak. Further, the RP informed the AR that only in the event wherein the AR/RP receives requests from homebuyers representing at least thirty-three per cent of the voting rights, the RP may conduct CoC meeting, in terms of the Regulation 18(3) of the CIRP Regulations, 2016.