# In the matter of Unimark Remedies Limited

> NCLT judgment dated 2025-12-09. Citation: TCN-2025-NCLT-01884. The case involves an application filed by Unimark Remedies Limited (Applicant/Corporate Debtor)…

- **Court:** NCLT
- **Order date:** 9 Dec 2025
- **Citation:** TCN-2025-NCLT-01884
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/unimark-remedies-limited-01f51ddd

## Summary

### Background

The case involves an application filed by Unimark Remedies Limited (Applicant/Corporate Debtor) under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions against Notified Area Authority GIDC, Vapi (Respondent No. 1) for restoration of essential services, namely, water supply and drainage connection.

## Facts

ICICI Bank Limited, a financial creditor, initiated CIRP against Unimark Remedies Limited.

The CIRP was admitted on 03.04.2018, and Mr. Amit Gupta was appointed as the Interim Resolution Professional.

A resolution plan submitted by a Consortium was approved by the Committee of Creditors (CoC) on 24.12.2018.

The Tribunal approved the Resolution Plan on 17.04.2023.

The Applicant paid Rs.8,89,043/- towards bills raised post the Plan Approval Order and Rs.1,43,525/- for dues accruing after the Plan Approval Order.

The RP paid Rs.26,81,605/- on 21.08.2023 to Respondent No. 1 for restoration of water connection at Plot No. 59, covering dues from 03.04.2018 to 17.04.2023.

Respondent No. 1 demanded payment of pre-CIRP dues as a condition for the restoration of services.

…

## Issues and analysis

### Issue 1: Whether the NCLT has jurisdiction to adjudicate disputes relating to municipal taxes, water …

**Ratio:** Section 60(5) of the Insolvency and Bankruptcy Code, 2016, specifies the residuary

…

**Reasoning:** The NCLT has broad jurisdiction to serve as a single forum for addressing any questions

…

**Interpretation:** The phrase 'arising out of' and 'in relation to' should be construed in a

…

**Application:** The dispute concerns the liability of the successful resolution applicant to

…

## Parties

- **Judges:** ANIL RAJ C…; K. R. SAJI…
- **Respondents:** Unimark Remedies…; Notified Area…; +1 more
- **Other parties:** ICICI Bank…
- **Advocates:** Nausher…; Shikha Gi…; +4 more

## Timeline

- **03.04.2018 — CIRP Init…**: CIRP initiated against Unimark Remedies Limited; Mr. Amit Gupta appointed as Interim…
- **24.12.2018 — Resolution Plan…**: Resolution Plan submitted by a Consortium…

## 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)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-mumbai/unimark-remedies-limited-01f51ddd