Calcutta HC allows TMC to operate frozen bank accounts with restrictions

Calcutta High Court allowed Mamata Banerjee-led TMC to use its three bank accounts, frozen in June, only for day-to-day expenses. Court appointed a retired Calcutta High Court judge Justice Subrata Talukdar as Special Officer to oversee transactions until September 30. It said cheques must be signed by two TMC authorised office-bearers and countersigned by Talukdar before being presented to bank.