# In the matter of Modern India Con Cast Limited IA(IB) No. 340-KB-2022 in CP (IB) No. 723-KB-2019

> NCLT judgment dated 2022-06-13. Citation: TCN-2022-NCLT-04660. Kashvi Power & Steel Private Limited filed I.A. (IB) No. 340/KB/2022 seeking direction upon…

- **Court:** NCLT
- **Order date:** 13 Jun 2022
- **Citation:** TCN-2022-NCLT-04660
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/modern-india-con-cast-limited-iaib-no-340-kb-2022-in-cp-ib-no-723-kb-2019-08a054d1

## Summary

### Background

Kashvi Power & Steel Private Limited filed I.A. (IB) No. 340/KB/2022 seeking direction upon Haldia Development Authority (Respondent No. 1) to provide water supply to the premises of the Corporate Debtor and for quashing the demand notice dated 17.03.2022.

## Facts

Kashvi Power & Steel Private Limited filed an application seeking direction upon Haldia Development Authority to provide water supply to the premises of the Corporate Debtor.

Haldia Development Authority issued a demand notice dated 17.03.2022 demanding Rs.9,94,651/- from the Corporate Debtor.

The Adjudicating Authority vide order dated 04 January 2022 in I.A. (IB) No. 756/KB/2021, granted certain reliefs and concessions to the Applicant who is the successful bidder of the Corporate Debtor.

The Applicant had written to the Respondent No. 1 requesting the Respondent No. 1 to make arrangement for water supply, but the Respondent No. 1 did not reply.

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## Issues and analysis

### Issue 1: Whether the Respondent No. 1 is required to supply …

**Ratio:** Supply of water is an essential service to ensure the smooth running of the Corporate

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**Reasoning:** The Applicant, being the successful bidder, should not be saddled with the liabilities

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**Interpretation:** The Respondent No. 1 is required to supply water in terms of the order and

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**Application:** The Applicant is directed to pay the necessary charges in terms of supply and

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## Parties

- **Judges:** Rajasekha…; Balraj…
- **Appellants:** Kashvi Power &…
- **Respondents:** Modern India Con…; Haldia Development…; +1 more
- **Other parties:** Rishav Coke…
- **Advocates:** Amit Kr…; Subhadeep…; +5 more

## Timeline

- **2022-05-12 — Order reser…**: Order reserved on 12…
- **2022-06-13 — Order pronou…**: Order pronounced on 13…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

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