IllustrativeCalcutta High Court allows TMC to operate frozen bank accounts for day to day expenses under special officer's supervision
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The Calcutta High Court has allowed the TMC to operate its frozen bank accounts for day-to-day expenses, with the accounts to be managed under the supervision of a special officer. The court's decision permits the TMC to incur routine expenses from the frozen accounts. The specifics of the accounts and the supervision arrangement are not entirely clear, but it appears that the TMC will have limited access to the funds for daily and legal expenses.
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