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SC Rejects TMC Plea to Operate Frozen Bank Accounts
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CNBC TV18•01-10-2026, 12:36
SC Rejects TMC Plea to Operate Frozen Bank Accounts
- •The Supreme Court dismissed a plea by the Mamata Banerjee-led Trinamool Congress (TMC) faction to operate four debit-frozen bank accounts.
- •A bench of Justices MM Sundresh and PB Varale declined to interfere with the Calcutta High Court's earlier order.
- •The top court noted that the Election Commission has frozen the symbol, and the larger issue of entitlement to the amount is pending adjudication.
- •The Calcutta High Court had previously refused interim relief, observing that it would undermine its order allowing the party to meet day-to-day expenses.
- •The TMC sought to operate accounts frozen by West Bengal Police, citing lacunae in the related FIRs.
Key Questions Answered
The Supreme Court dismissed the plea by the Mamata Banerjee-led Trinamool Congress faction to operate four debit-frozen bank accounts, stating it would not interfere with the Calcutta High Court's order and requesting the High Court to expedite the hearing.
The Calcutta High Court refused to allow the TMC faction to operate the four debit-frozen accounts holding around ₹804 crore because granting such relief would undermine its earlier order that permitted the party to meet day-to-day expenses through other means.
The TMC sought permission to operate the four public sector bank accounts—which were debit-frozen by West Bengal Police—by claiming that there were lacunae in the First Information Reports related to the freezing.
