The Supreme Court has declined to grant the Trinamool Congress (TMC) permission to operate four bank accounts that are currently under a freeze order. The legal challenge was brought forward by the party in an attempt to regain access to these funds, which have been inaccessible due to ongoing disputes regarding the party's status and internal recognition.

In its decision, the court emphasized that the Election Commission of India has already taken action to freeze the party's symbol. Because the underlying dispute—specifically regarding which faction is entitled to the party's assets and official recognition—is still being adjudicated, the court determined that it would be premature to allow the accounts to be reopened at this time. The court indicated that the question of who holds the legal right to the funds is tied directly to the broader issue of party leadership and recognition currently before the Election Commission.

This ruling effectively maintains the status quo for the TMC, preventing the party from utilizing the funds in the four specific accounts until the Election Commission reaches a final decision on the party's legitimacy and symbol. The court's refusal to intervene suggests a preference for allowing the administrative process at the Election Commission to conclude before the judiciary intervenes in the financial management of the disputed party assets.