google-site-verification=2GeE3Sz4UudnlqvBff0NG8dPnRrz0y9xE4vH0HwPrm4 Geetanjali Home State | Best Real Estate Company in Gurgaon: Bankruptcy court admits Ansal API affiliate under insolvency resolution process

Tuesday, November 25, 2025

Bankruptcy court admits Ansal API affiliate under insolvency resolution process

The National Company Law Tribunal has admitted Katra Realtors into corporate insolvency resolution. This follows an application by IL&FS Financial Services, as Katra Realtors was a corporate guarantor for Ansal API, which is also undergoing insolvency. The tribunal noted that proceedings can be initiated against both the principal borrower and the guarantor simultaneously.

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