The Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench, Court-IV, vide its Order dated 25th February 2025, under Company Petition no. (IB)- 558(ND)/2024, in the matter of M/s IL&FS Financial Services Limited vs. M/s. Ansal Properties and Infrastructure Limited has approved the initiation of Corporate Insolvency Resolution Process (CIRP) against “Ansal Properties and Infrastructure Limited and appointed Mr. Navneet Kumar Gupta as IRP having Registration No. IBBI/IPA-001/IP-P00001/2016-2017/10009.
Ansal Properties and Infrastructure Ltd(Fernill Project Gurgaon). is under Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Its affairs, business and assets are being managed by the Interim Resolution Professional (IRP), appointed by the Hon’ble National Company Law Tribunal, New Delhi Bench vide order dated 13-Jan-23.
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 Ltd 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 IRP having Registration No. IBBI/IPA-001/IP-P00001/2016-2017/10009
(CIRP process Email id: cirpofserenegrouphousingetaII@minervaresolutions.com)
At API, we recognize that Human Resources are the most vital ingredients that go into the success of any organisation. This is more so when the company is experiencing rapid growth and expansion. We have always been striving to induct and retain talented people who are professionally competent in the fields of Sales & Marketing, Finance, Engineering, Architecture, Law, Human Resources etc.
At API and its sister concerns, the opportunity for empowerment are ample. When an employee comes on-board, an induction programme spread over various locations and continuous investments in training & development ensure that skills of employees are upgraded in line with both market and individual needs. The HR has an active competency mapping and performance linked compensation policy that keeps the employees motivated in pursuit of growth.
The Company continues to give prime attention to its human resources. They include: