Claims filed after liquidation completion barred under Section 59 of IBC and three-year limitation under Article 137

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....The NCLAT held that a claim filed after the completion of liquidation proceedings under Section 59 of the IBC is barred by the three-year limitation period prescribed under Article 137 of the Limitation Act. The liquidator had duly invited claims by public notice, and the last date for submission expired well before the respondent filed any claim or proof of claim. The liquidation process was completed, stakeholder payments disbursed, and the corporate debtor dissolved in accordance with the Code. The respondent's application for intervention raising the claim was filed beyond the three-year limitation period calculated from the date of the invoice or prior correspondence. The Tribunal erred in admitting this belated claim. Consequently, th.........