Electoral bonds: Key Supreme Court hearing today as SBI, NGO file petitions

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Electoral bonds case: A Supreme Court bench, headed by CJI DY Chandrachud, will assemble at 10.30am to hear the two petitions...

All eyes will be on the Supreme Court on Monday, March 11, as it will hear the application filed by the State Bank of India (SBI) seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties before the scheme was scrapped last month.P)..

A five-judge Constitution bench headed by Chief Justice of India DY Chandrachud will also hear a separate petition seeking initiation of contempt action against the SBI alleging that it wilfully and deliberately disobeyed the top court's direction to submit details of the contributions made to political parties through electoral bonds to the Election Commission of India by March 6. ..

Electoral bonds case in Supreme Court: Top updatesThe Supreme Court bench, also comprising justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, will assemble at 10.30am to hear the two petitions.On.

February 15, a five-judge constitution bench invalidated the Centre's electoral bonds scheme, deeming it "unconstitutional," and mandated the Election Commission of India (ECI) to disclose donor information, donation amounts, and recipients by March 13.Subsequently, the court directed the SBI, the designated financial institution for the scheme, to furnish details of electoral bonds purchased from April 12, 2019, onward to the ECI by March 6.The ECI was then tasked with publishing this information on its official website by March 13.However, on March 4, the SBI filed a petition in the Supreme Court for an extension until June 30 to reveal details of encashed electoral bonds, citing the time-consuming process of retrieving and cross-referencing data from various sources.Additionally,.

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