IBBI NCLAT Delhi Judgement Dated 16/07/2025 – Intervention application under IBC filed beyond three years is time barred 

Case of Nextgen Procon Pvt Ltd vs MRA Associates Pvt Ltd, NCLAT Delhi Judgement Dated 16th July 2025. The appellant tribunal held that application for intervention filed under section 59(7) of the Insolvency and Bankruptcy Code, beyond the period of limitation of three years is time barred. 

(Link: NCLAT Delhi Judgement Dated 16/07/2025)

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