The Supreme Court on Thursday (October 1, 2026) dismissed a plea by the Mamata Banerjee-led TMC faction to operate four debit-frozen bank accounts.
A bench of Justices M.M. Sundresh and P.B. Varale said it was not inclined to interfere with the Calcutta High Court order, which refused to allow the plea.
The court noted that the Election Commission has frozen the symbol, and therefore the larger issue as to who is entitled to the amount is pending adjudication.
"We refrain from going into the merits. We are not inclined to exercise our jurisdiction under Article 136. We request high court to expedite the hearing," the Bench said.
The Calcutta High Court on August 27 had refused to pass an interim order allowing the Mamata Banerjee-led TMC faction to operate four debit-frozen bank accounts holding around ₹804 crore, observing that granting such relief would undermine its earlier order permitting the political party to meet day-to-day expenses.
The TMC had sought permission to operate four accounts with public sector banks that were debit-frozen by West Bengal Police, claiming there were lacunae in the FIRs related to the freezing.
