NCLAT Principal Bench rejects homebuyer Harish Gulati's application to intervene in an appeal against a resolution plan approval order.
Gulati claimed Rs 2.4 crore payment for Flat 1504 but failed to submit any claim during the CIRP process initiated in 2020.
The tribunal ruled his belated intervention, filed in June 2026, attempted to introduce a new cause of action unrelated to the appeal.
The bench upheld that non-filing of claims during CIRP constitutes a waiver of rights, barring subsequent intervention.