BIG BREAKING..! sc rejects sbi Plea...

The supreme court has dismissed sbi Bank's plea seeking time to disclose the details of electoral bonds received by political parties. Petitions were filed in the supreme court alleging a lack of transparency in the electoral bond scheme. The Constitution Bench of the supreme court, which heard these petitions, ordered the cancellation of the electoral bonds Scheme. Further, the supreme court directed the state bank of india (SBI) to submit to the election commission by march 6, 2024, the details of the bonds sold since april 12, 2019, when the electoral bonds were implemented.

However, the state bank of india did not submit the details to the supreme court by that date. During the last case hearing in this regard, sbi said that they should have time till june to submit the details of election papers. The bank appealed to the supreme Court. In this situation, sbi has requested time to submit the electoral bond issues to the election Commission. The bank's petition came up for hearing again in the supreme court today. Then sbi The supreme court raised a barrage of questions for the bank.
After listening to the arguments of all sides, the supreme court rejected the plea of sbi bank seeking time to disclose the details of election bonds received by political parties. The supreme court has ordered sbi bank to release the electoral bond details by tomorrow evening and the Chief election commission of india to release them by march 15. The supreme court has ordered the disclosure of the names of those who have bought election bonds and the value of their donations.Moreover, the supreme court has ordered that contempt action will be taken against the sbi officials if they fail to implement the order to publish the electoral bonds details.
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Sowmiya Sriram

11/03/2024 01:32 PM