look news india
State Bank of India (SBI) is reportedly ready with its data after the Supreme Court rejected a plea to extend the deadline for sharing information related to electoral bonds. Actually, the Supreme Court had asked to share all the information by Tuesday (March 12).
electoral bond case sbi
According to the report, SBI is ready with the electoral bond data and mapping of the data was necessary to avoid discrepancies. The bank said customers can no longer hide their names as the Supreme Court has ordered their disclosure. A five-judge Constitution bench headed by Chief Justice of India (CJI) DY Chandrachud rejected State Bank of India's plea seeking extension of time till June 30 to disclose the details. The Election Commission was also asked to publish the information shared by the bank on its official website by 5 pm on March 15. This order was passed by the bench comprising Justices Sanjeev Khanna, BR Gavai, JB Pardiwala and Manoj Mishra and CJI DY Chandrachud.
Earlier on February 15, the same bench had historical In the decision, the Centre's controversial electoral bond scheme was rejected. The court declared it unconstitutional. Under this scheme, funds can be given to political parties anonymously. The scheme was announced by the government in 2017 and legalized in 2018. These electoral bonds can be issued a total of four times in the months of January, April, July and October. According to the law, political parties were not obliged to disclose where they received donations.