18 March,2024 11:20 AM IST | Delhi | PTI
Supreme Court/ File pic
The Supreme Court on Monday said the State Bank of India (SBI) can't be selective and has to disclose all "conceivable" electoral bond details in its possession, including unique bond numbers that would disclose the link between the buyer and the recipient's political party.
A five-judge bench headed by Chief Justice DY Chandrachud said the apex court had, in its verdict in the electoral bonds case, asked the bank to disclose all the details of the bonds and it should not wait for further orders on this aspect.
"We had asked all details to be disclosed by the SBI which includes electoral bond numbers as well. Let SBI not be selective in disclosure," the bench, also comprising Justices Sanjiv Khanna, B R Gavai, J B Pardiwala and Manoj Misra, orally said during the hearing.
Last week, the top court issued a notice to the country's largest bank to explain the reasons for the non-disclosure of unique alphanumeric numbers in compliance of its directions, saying the SBI was "duty bound" to reveal them.
ALSO READ
Mumbai terror accused Rana approaches US Supreme Court to challenge extradition to India
SC contemplates creation of state, UT committees to monitor firearms
Important matters heard by Supreme Court on Nov 21
SC restores proceedings against ex-Kerala minister
Important cases listed in Supreme Court on Thursday
On April 12, 2019, the apex court issued an interim order directing that the information about the donations received and donations which will be received must be submitted by political parties to the EC in a sealed cover.
In its landmark verdict on February 15, the top court had scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it "unconstitutional" and ordered disclosure by the EC of donors, the amount donated by them and the recipients by March 13.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.