Calcutta High Court allows Trinamool to operate frozen accounts under judicial watch
The Calcutta High Court has allowed the Trinamool Congress to access three frozen bank accounts under the supervision of a special officer. The accounts, containing ₹440 crore, are restricted to essential party operations and legal expenses until September 30.
Why it matters
This ruling impacts the financial operations of a major political party amid ongoing investigations into alleged fund diversion.
The Calcutta High Court on Thursday (July 9, 2026) permitted the Trinamool Congress (TMC) to operate three bank accounts, holding deposits worth ₹440 crore, which had been frozen following a police complaint alleging fund diversion.
Justice Sougata Bhattacharya appointed retired judge Justice Subrata Talukdar as special officer to supervise the accounts till September 30.
The accounts may be used only for day-to-day running expenses of the party and for legal expenses. The court said no other expenditure, major or minor, would be permitted by the special officer.
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