Calcutta High Court Upholds Order Dismissing Plea Challenging Shift Of NCLT Premises To New Town

The Calcutta High Court has dismissed legal challenges that were filed against the decision to relocate the Kolkata bench of the National Company Law Tribunal (NCLT) to a new premises in New Town. The court upheld the administrative decision to shift the NCLT to upgraded facilities, recognizing that the move is intended to facilitate smoother and more efficient insolvency proceedings. The improved infrastructure and amenities at the new location are expected to benefit all stakeholders involved in the insolvency resolution process in the region.