Dynamite News
Electoral Bonds: Supreme Court rejects SBI plea; Asks to submit data by tomorrow
Supreme Court on Monday dismissed the SBI plea for an extension and asked to submit the electoral bonds data by tomorrow. Read further on Dynamite News:
New Delhi: The Supreme Court on Monday rejected the application of State Bank of India (SBI) seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties.
The Apex Court directed the SBI to submit the details of the bonds by March 12.
The Supreme Court also directed ECI to put the information of each electoral bond encashed by political parties on its website by 5 pm on March 15.
CJI D Y Chandrachud questioned the delay in revealing the details of each electoral bond encashed by political parties.
CJI lashed out at SBI and said, “We passed the judgement on February 15, and today is March 11. What steps you have taken in the past 26 days? Nothing is stated by You, We expect some candour from the State Bank of India.'
CJI said it is a very serious matter for SBI to apply for an extension in this manner. And directed SBI to comply with their orders and file the details of each electoral bond by the close of business hours on March 12. (with Agency inputs)