Supreme Court backs HC ruling on TMC's frozen ₹440-crore accounts

The Supreme Court has affirmed the Calcutta High Court's decision to maintain restrictions on three Trinamool Congress bank accounts holding approximately ₹440 crore, describing the ruling as "balanced." These accounts were previously frozen by the Enforcement Directorate (ED) as part of an ongoing money-laundering investigation. While the TMC requested full access to the funds, arguing that the freeze hindered their ability to pay staff salaries and cover daily operational costs, the court denied their plea for interim relief.

by shortkt.com
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Supreme Court backs HC ruling on TMC's frozen ₹440-crore accounts | ShortKT