India, July 9 -- The Calcutta high court on Thursday allowed the Mamata Banerjee-led Trinamool Congress (TMC) to use its three bank accounts, frozen in June, only for day-to-day expenses and also under the supervision of a retired high court judge, lawyers who attended the hearing said.

The single bench of Justice Saugata Bhattacharya appointed retired judge Subrata Talukdar as special officer till September 30 to supervise the use of these accounts which the state police had directed to be frozen.

Directing that the special officer would receive a monthly honorarium of Rs.1.25 lakh from these funds, the court said his signature would be mandatory for drawing money only to meet the party's day-to-day expenses and legal expenditures.

"N...