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Mamata Banerjee Suffers SC Setback: No Intervention in Freezing of 4 TMC Bank Accounts
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News18•01-10-2026, 12:51
Mamata Banerjee Suffers SC Setback: No Intervention in Freezing of 4 TMC Bank Accounts
- •Supreme Court refused to grant immediate relief to TMC regarding the freezing of four of its bank accounts.
- •The apex court requested the Calcutta High Court to expedite the hearing of the main case.
- •The case stems from a police investigation initiated after a complaint by TMC MLA Biswanath Das.
- •TMC sought permission to operate the accounts, but the SC declined to intervene on interim relief.
- •The party argued that the freeze affects its daily operations, requiring at least Rs 12.15 crore monthly.
Key Questions Answered
The Supreme Court refused to intervene because the main case is already pending in the Calcutta High Court, and it chose not to interfere with the interim situation under Article 136 of the Constitution while requesting an expedited hearing.
The investigation began on June 18, 2026, after TMC MLA Biswanath Das filed a complaint with the Bidhannagar Cyber Crime Police alleging illegal activities and financial transactions through party bank accounts.
Senior advocate Abhishek Manu Singhvi argued that freezing the four Indian Bank accounts heavily impacted daily operations, noting that the party requires at least Rs 12.15 crore every month for normal functioning according to its records.
