SBI will not get relief from Supreme Court on electoral bonds, will have to give information by tomorrow

Monday, March 11, 2024

The Supreme Court of India has rejected SBI's demand to extend the deadline for sharing information related to electoral bonds till June 30, 2024.

The Supreme Court has asked SBI to provide information related to electoral bonds by Tuesday, March 12, 2024.

Also, the Supreme Court has ordered the Central Election Commission to collect all the information and make it public on the official website of the Election Commission by 5 pm on March 15, 2024.

SBI had applied to the Supreme Court on March 5, 2024, that it should be given time till June 30, 2024, to make public the information related to electoral bonds.

On this, a five-member bench led by Chief Justice of India DY Chandrachud has given this decision on Monday, March 11, 2024.

The bench is headed by Chief Justice of India DY Chandrachud. Along with him, the bench includes Justice Sanjeev Khanna, Justice BR Gavai, Justice JB Pardiwala and Justice Manoj Mishra.

During the hearing held on February 15, 2024, the Supreme Court had declared electoral bonds unconstitutional and asked SBI to provide all the information related to it to the Election Commission by March 6, 2024.

Supreme Court rejected SBI's application on electoral bonds, what did Prashant Bhushan say?

Monday, March 11, 2024

After the rejection of SBI's demand to extend the deadline for sharing information related to electoral bonds till June 30, 2024, renowned lawyer Prashant Bhushan has welcomed this decision.

Prashant Bhushan said that like the earlier decision of the court on this matter, this is a good and solid decision.

Prashant Bhushan had filed a contempt of court case against SBI on behalf of Association for Democratic Reforms i.e. ADR.

Speaking to news agency PTI, Prashant Bhushan said, "The Supreme Court has taken a tough stance on the petition to extend the deadline for making public the information related to those who donate by purchasing electoral bonds and those who encash these bonds till June 30, 2024."

Prashant Bhushan said, "The court rejected SBI's petition and mentioned that the data the court had sought from them was already available with SBI."

What did Congress President Kharge say on SBI not getting more time from Supreme Court on electoral bonds?

Monday, March 11, 2024

The Congress Party has welcomed the decision of the Supreme Court not to give more time to SBI regarding electoral bonds.

Congress President Mallikarjun Kharge has said that the Supreme Court's decision is a victory for transparency, accountability and level playing field in democracy.

SBI had filed an application asking the Supreme Court to extend the deadline for providing information related to electoral bonds to June 30, 2024.

On Monday, March 11, 2024, the Supreme Court rejected this application and ordered SBI to provide information by tomorrow i.e. Tuesday, March 12, 2024.

Also, the Supreme Court has said that this information should be uploaded on the Election Commission's website by 5 pm on March 15, 2024.

Mallikarjun Kharge said on this decision, "After SBI asked for four and a half months to publish electoral bonds, it became clear that the Modi government is making every possible effort to cover up its dark deeds. Today's decision of the Honorable Supreme Court. The country will soon know the list of those who donated to BJP through electoral bonds."

Mallikarjun Kharge said, "This is the first step in exposing the corruption, scams and transactions of the Modi government. Even now the country will not know for which contracts the selected capitalist fund-holders of BJP give donations to the Modi government. Honorable Supreme Court should give proper instructions for that. Media reports have revealed how BJP used to extort donations by conducting ED-CBI-IT raids. Supreme Court's decision is against transparency, accountability and equality in democracy. It is a victory of opportunity.”

What did Rahul Gandhi say when the Supreme Court rejected SBI's application regarding electoral bonds?

Monday, March 11, 2024

After the setback to SBI from the Supreme Court on the issue of electoral bonds, Congress leader Rahul Gandhi has said that 'Narendra Modi's donation business is about to be exposed.'

Rahul wrote on Twitter, "The government that came to power with the promise of bringing back black money from Swiss banks in 100 days, stood before the Supreme Court to hide the data of its own bank."

Rahul Gandhi said, "Electoral bonds are going to prove to be the biggest scam in Indian history, which will expose the nexus of corrupt industrialists and the government and bring the real face of Narendra Modi in front of the country."

"The chronology is clear - donate money - take business, donate money - take protection. Shower of blessings on those who donate and hit the general public with taxes, this is BJP's Modi government."

On Monday, March 11, 2024, the Supreme Court rejected the petition filed by SBI seeking time till June 30, 2024 to provide information about electoral bonds.

The Supreme Court has asked SBI to provide this information by March 12, 2024.

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