Calcutta HC Upholds Shifting of NCLT Premises to New Town, Dismisses appeal of NCLT Bar Association

The Calcutta High Court has once again upheld the decision to relocate the Kolkata bench of the National Company Law Tribunal (NCLT) to a new premises in New Town. The court dismissed a challenge filed by the NCLT Bar Association against this relocation, citing the improved infrastructure and facilities available at the new location. The High Court concurred with the administrative rationale behind the move, recognizing that the upgraded facilities are expected to contribute to smoother and more efficient conduct of insolvency proceedings, benefiting all stakeholders involved in the resolution process under the Insolvency and Bankruptcy Code (IBC).