LUCKNOW, March 25 -- A group of 33 investors of Ansal Properties Infrastructure Limited has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal's (NCLT) decision to declare the company bankrupt. The appeal, led by Gagan Tandon, president of the Home Buyers Association, and other investors, is set to be listed on Wednesday.

The petitioners believe that the appeal has been filed in the interest of investors in Ansal's Sushant Golf City and aims to overturn the company's bankruptcy status.

On Tuesday, more investors submitted petitions to the NCLAT, with the Home Buyers Association actively encouraging others to join the legal battle. The association is also arranging legal suppo...