ANSAL PROPERTIES & INFRASTRUCTURE LTD. - 500013 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
In terms of the above NCLAT order, the impugned order dated the 17th March, 2020 initiating Corporate Insolvency Resolution Process against Corporate Debtor (Ansal Properties & Infrastructure Limited) is declared illegal and set aside. Order(s), passed by the Adjudicating Authority appointing 'Interim Resolution Professional', declaring moratorium, freezing of account, and all other order (s) passed by the Adjudicating Authority pursuant to impugned order and action, if any, taken by the 'Interim Resolution Professional', including the advertisement, if any, published in the newspaper calling for applications all such orders and actions are declared illegal and are set aside.14-08-2020