Electoral Bonds case: SC assures listing of ADR's contempt plea against SBI, after bank's 'mala fide' exte

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Key Points

The Supreme Court on Thursday ensured the scheduling of ADR's contempt plea against the State Bank of India (SBI) for March 11, 2024, in the electoral bonds case.. The SBI had petitioned the apex court on Monday, seeking an extension to the deadline for disclosing details of electoral bonds cashed by political parties, as it had exceeded the earlier March 6 deadline set by the Supreme Court...

The Association for Democratic Reforms (ADR) subsequently filed a contempt plea against SBI, alleging deliberate disobedience of the Supreme Court's judgment..

ADR called the SBI application "mala fide" and a "wilful and deliberate defiance" of the apex court's ruling...

The SBI did not meet the March 6 deadline, set by the Supreme Court, for sharing details of the electoral bonds encashed by political parties...

In February, a five-judge constitution bench headed by Chief Justice D Y Chandrachud had struck down electoral bonds scheme and directed the SBI to disclose details of each electoral bond encashed by the political parties...

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