SC Declines Relief to TMC in ED Bank Account Freeze Case, Cites 'Balanced Order'

SC declines to interfere with Calcutta HC order denying TMC access to bank accounts frozen by ED

The case pertains to alleged financial irregularities, unlawful collection of money and routing of suspected funds through Trinamool Congress bank accounts.

Supreme Court declines to interfere in HC order on TMC bank accounts

The ED had frozen the accounts carrying Rs 400 crore in connection with a money laundering probe stemming from a West Bengal Police FIR. On July 9, the HC had appointed former Calcutta HC judge, Justice Subrata Talukdar, as the Special Officer till September 30.

SC declines relief to TMC in ED bank account freeze case, cites 'balanced order'

The Supreme Court upheld the Calcutta High Court's decision on Tuesday. This decision denied interim relief to a Trinamool Congress faction. The court noted the party has sufficient funds for daily operations. Discussions on the merits were deemed inappropriate as the matter is pending. The bench stated it was not inclined to interfere in these matters.

Supreme Court declines to intervene in Trinamool plea on frozen bank accounts

The Bench takes on record a submission by Additional Solicitor General S.V. Raju, appearing for the ED, that the TMC already had limited access to operational funds

No relief for Mamata Banerjee: Supreme Court refuses to release ₹440 crore from TMC’s frozen bank accounts

The Supreme Court has denied relief to Mamata Banerjee's TMC regarding frozen bank accounts totalling ₹440 crore, maintaining a Calcutta High Court order. 

Supreme Court refuses relief to TMC over frozen bank accounts, upholds Calcutta HC order

The Supreme Court on Tuesday (August 11) refused to interfere with the Calcutta High Court's order denying interim relief to the Mamata Banerjee-led faction of the Trinamool Congress (TMC), which had sought permission to operate three bank accounts frozen by the Enforcement Directorate (ED) as part of a money laundering investigation. What did the court say? A bench of Justices M M Sundresh and P B Varale said after perusing the records, it was …