# 4G Plastics Inc. Vs Unitech International Limited

> NCLT judgment dated 2025-06-26. Citation: TCN-2025-NCLT-00742. 4G Plastics Inc., an Operational Creditor, filed an application under Section 9 of the…

- **Court:** NCLT
- **Order date:** 26 Jun 2025
- **Citation:** TCN-2025-NCLT-00742
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/4g-plastics-inc-vs-unitech-international-limited-9e7b4759

## Summary

### Background

4G Plastics Inc., an Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Unitech International Limited, the Corporate Debtor, for an alleged default of Rs.3,41,57,998/-. The Operational Creditor, based in the United States, supplied acrylic raw materials to the Corporate Debtor in 2021 and raised invoices in US dollars, which remained outstanding. A demand notice was issued on 06.05.2024 under Section 8 of the Code, which the Corporate Debtor acknowledged.

## Facts

4G Plastics Inc. (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Unitech International Limited (Corporate Debtor) due to an alleged default of Rs. 3,41,57,998/-. The Operational Creditor, based in the United States, is engaged in the business of Plastic and Steel trading. In 2021, the Corporate Debtor approached the Operational Creditor for the supply of acrylic raw materials. The Operational Creditor dispatched the materials and raised invoices in US dollars, which remained outstanding. The Operational Creditor issued a demand notice dated 06.05.2024 under Section 8 of the Code, which the Corporate Debtor acknowledged. The date of default mentioned in the application is 27.11.2022. The Operational

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## Issues and analysis

### Issue 1: Whether the application filed by the Operational Creditor under Section 9 of the Insolvency and …

**Ratio:** Section 9 of the Insolvency and Bankruptcy Code, 2016, allows an operational creditor to

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**Reasoning:** The NCLT considered the evidence presented by the Operational Creditor, including the

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**Interpretation:** Section 9 provides a mechanism for operational creditors to recover their dues

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**Application:** The NCLT found that the Operational Creditor had complied with the requirements

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## Parties

- **Judges:** ANIL RAJ C…; K. R. SAJI…
- **Appellants:** 4G Plastic…
- **Respondents:** Unitech Internatio…

## Timeline

- **2021-01-01 — Corporate Debtor…**: The Corporate Debtor approached the Operational Creditor for the supply of acrylic raw…
- **2022-04-22 — Invoices…**: The Operational Creditor raised 41 invoices from 22.04.2022 to 28.08.2022 for the supply…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 8 — Insolvency resolution by operational creditor](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-8)

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