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.
The report balances the court's procedural decision with the conflicting claims of the opposing political factions.
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