Election bonds: Supreme Court rejects SBI’s request for further time to give information

The Supreme Court states that the bank had “readily available” the information on electoral bonds that was mandated by the ruling.

On Monday, the Supreme Court denied the State Bank of India’s (SBI) request for an extension of time till June 30, 2024, in order to furnish information regarding anonymously purchased electoral bonds and the political parties that cashed them.

The bank has been given 24 hours, or till the end of business hours on March 12, to provide the information to the Election Commission of India (ECI), by a five-judge bench led by Chief Justice of India D.Y. Chandrachud. The bench had declared the electoral bonds scheme unlawful on February 15.

 

 

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