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SC to hear SBI’s plea on electoral bonds on March 11

by Blitzindiamedia
March 8, 2024
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Team Blitz India

NEW DELHI: A five-judge constitution bench of the Supreme Court will hear on March 11 an application filed by the State Bank of India (SBI) seeking extension of time till June 30 to disclose details of each electoral bond encashed by political parties.

The bench, headed by Chief Justice DY Chandrachud, will also hear a separate plea which has sought initiation of contempt action. This was against the SBI alleging that it wilfully and deliberately disobeyed the apex court’s direction to submit details of the contributions made to political parties through electoral bonds to the Election Commission by March 6.

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In a landmark verdict delivered on February 15, a five-judge constitution bench had scrapped the Centre’s electoral bonds scheme of anonymous political funding, calling it unconstitutional and ordering disclosure by the Election Commission of the donors, the amount donated by them and the recipients by March 13.

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