The State Bank of India-SBI Today fully disclosed electoral bond details to the Election Commission, including unique alphanumeric numbers, following a Supreme Court order. All aspects of the bonds, except for complete account numbers and KYC, have been revealed. This complies with the court’s directive to ensure transparency in the electoral bond scheme.
The Supreme Court rebuked SBI for selective disclosure in the electoral bonds scheme and mandated a comprehensive revelation, including unique bond numbers, by March 21. It emphasized the importance of transparency and reprimanded SBI for incomplete information. The directive underscores the court’s commitment to ensuring accountability and transparency in political party financing.
Today (18th March): During the hearing, advocate Mathews Nedumpara claimed that the citizens were unaware of the entire judgment in the Electoral Bond case. NEW DELHI: Today (March 18th): During the hearing concerning the Electoral Bond case, a heated verbal exchange between Chief Justice DY Chandrachud and advocate Mathews Nedumpara, creating waves on social media. […]
CJI (Chief Justice of India) today rebuked the President of the Supreme Court Bar Association, Adish Aggarwala, for seeking a suo motu review of the Electoral Bonds judgment. The CJI criticized Aggarwala’s motives, cautioning him about the responsibilities of his position. This occurred during the ongoing assessment of electoral bonds by a five-judge bench.
The Supreme Court today rejected industry bodies’ pleas to delay disclosure of electoral bond numbers, emphasizing the importance of transparency in linking donors to political parties. The State Bank of India was instructed to submit all bond details by March 21, with the Chief Justice urging impartial and timely disclosure to prevent controversy.
The Supreme Court today dismissed the government’s concerns about misuse of the Electoral Bonds scheme and emphasized the need for transparency. Solicitor General Mehta expressed concerns about distortions in statistics and social media misuse, but the Court focused on upholding the rule of law. The Court instructed the State Bank of India to disclose all pertinent information, including alphanumeric codes associated with the bonds.
The Supreme Court today ordered SBI to disclose all conceivable details about electoral bonds, including unique bond numbers linking buyers and beneficiary political parties. This decision, led by Chief Justice D Y Chandrachud, emphasizes transparency and accountability in the electoral bond scheme, reinforcing the court’s commitment to ensuring financial transparency in political financing.
Today (March 18th) at 10:30 AM, a Constitution Bench of the Supreme Court, led by Chief Justice of India DY Chandrachud and comprising Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, will conduct a hearing on the Electoral Bonds Case. The bench will determine the necessity for the State Bank of India to reveal the unique identifiers of Electoral Bonds.
The Supreme Court Today issued notice to the State Bank of India for not disclosing electoral bond numbers, aligning with a directive to enhance transparency in political financing. The released data reveals significant contributions from companies and individuals to major political parties, highlighting the widespread use of electoral bonds. This move aims to promote transparency and informed discussions in Indian politics.
The Supreme Court is scheduled to deliberate on the Election Commission’s application Today, March 15. The Election Commission of India has requested the Supreme Court to return sealed envelopes containing data on electoral bonds due to the commission’s lack of copies. The Supreme Court is set to consider this appeal on March 15. The commission emphasized its submission of data from political parties without retaining copies and sought guidance on the matter.