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Electoral bonds: SC to hear SBI's plea seeking extension to disclose details on Monday
Credit: IndiaTimes- Published on March 10, 2024
The Supreme Court is set to hear application filed by State Bank of India (SBI) on Monday, seeking extension till June 30 to disclose details of each electoral bond encashed by political parties before the scheme was scrapped last month. A five-judge Constitution bench, led by Chief Justice DY Chandrachud, will hear the petitions...
Video credit: Oneindia
Published on March 11, 2024 - 02:01
Electoral Bonds Disclosure: SC of India Warns SBI, Comply with Order or Face Contempt |Oneindia News
The Supreme Court dismissed the State Bank of India's plea for an extension to disclose electoral bond details, directing disclosure by March 12, 2024. This decision follows the court's ruling against the 2018 electoral bond scheme changes. SBI's confusion over matching exercises was clarified by the Chief Justice, emphasising the need for plain disclosure. Contempt proceedings may ensue if directives are not followed.
#SupremeCourt #StateBankofIndia #SBI #SBINews #ElectoralBonds #ElectoralBondScheme #Indianews #CJIChandrachud #Oneindia #Oneindianews
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