IBBI, NCLAT Delhi Judgement dated 18/11/2025 – Prospective Resolution Applicant does not have vested right to challenge Approved Resolution Plan 

Case of Astral Agro Ventures vs Vakati Balasubramaniyam Reddy, NCLAT Delhi Judgement Dated 18th November 2025. The appellate tribunal held that Prospective Resolution Applicant or unsuccessful Resolution Applicant does not have vested right to challenge a resolution process or an approved resolution plan. 

(Link: NCLAT Delhi Judgement Dated 18/11/2025)

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