Avani Towers Seeks Intervention in Energy Properties Insolvency

NCLT allows Avani Towers' intervention application to be impleaded in IA No. 90/2025 concerning Energy Properties' CIRP.
Avani holds 99.97% of EPPL's debt and alleges serious accusations of fraud against it require its participation.
The tribunal ruled Avani's presence is necessary for complete adjudication and to uphold natural justice principles.
The order follows an NCLAT directive to implead Avani in a connected appeal arising from the same application.