The bench of Justices MM Sundresh and PB Varale rejected the Trinamool Congress's request to open four frozen accounts, citing that the Calcutta High Court had already denied interim relief on August 27.
The petition, filed by the TMC faction, sought access to accounts at public sector banks that had been locked by West Bengal Police, arguing that the FIRs contained gaps. But the Supreme Court opted not to interfere, stating it was not inclined to exercise its Article 136 jurisdiction.
In a brief statement, the bench said it would not delve into the merits of the case, instead urging the High Court to expedite the hearing. The decision leaves the matter of who can claim the ₹804 crore hanging in the balance of the Election Commission's freeze on the party’s symbol.
The TMC has long billed the freeze as a political vendetta, and the ruling is expected to intensify scrutiny over how political parties manage day‑to‑day expenses when their accounts are barred.
Ahead of the next hearing, the High Court has been instructed to resolve the issue swiftly, a move that could either restore operational access to the funds or cement the status quo pending a final adjudication.