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Supreme Court Dismisses TMC Plea for Rs 804 Crore Accounts

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Story summary
  • Supreme Court justices M.M. Sundresh and P.B. Varale dismissed the TMC’s plea to operate four debit-frozen accounts.
  • The four accounts contain approximately Rs 804 crore.
  • The justices said they would not interfere with the Calcutta High Court order.
  • On August 27 the Calcutta High Court refused an interim order, fearing it would undermine its expense-approval order.
  • The Election Commission has frozen the TMC’s symbol, leaving the frozen funds pending adjudication.