India, Aug. 3 -- The Supreme Court on Monday urged the Enforcement Directorate (ED) to consider releasing some money from three debit-frozen bank accounts of the Trinamool Congress (TMC), observing that the Mamata Banerjee-led party would require funds for its day-to-day functioning and legal expenses even as the legality of the freezing order remains under challenge.

A bench of justices MM Sundresh and PB Varale asked the central agency to obtain instructions and revert after a week, while clarifying that it was not expressing any opinion on the merits of the dispute, which is pending before the Calcutta High Court.

"We have suggested both sides that some amount can be released for the administrator for daily expenses and some other ne...