{"id":504311,"date":"2024-03-11T12:59:09","date_gmt":"2024-03-11T07:29:09","guid":{"rendered":"https:\/\/apnlive.com\/?p=504311"},"modified":"2024-03-11T12:59:09","modified_gmt":"2024-03-11T07:29:09","slug":"supreme-court-sbi-electoral-bonds-election-commission","status":"publish","type":"post","link":"https:\/\/apnlive.com\/india-news\/supreme-court-sbi-electoral-bonds-election-commission\/","title":{"rendered":"Supreme Court rejects SBI plea seeking more time to furnish details of Electoral Bonds, orders bank to give details by tomorrow"},"content":{"rendered":"\n<p>The Supreme Court on Monday rejected the State Bank of India\u2019s plea seeking more time to furnish the details of Electoral Bonds to the Election Commission and ordered the country\u2019s biggest bank to submit the same by the business hours of March 12, Tuesday. The top court also ordered the Election commission panel to put the information on its website by 5pm, March 15.<\/p>\n\n\n\n<p>The State Bank of India has been asked to submit details of the bonds including the name, date and denominations. The country\u2019s biggest bank will also reveal details of the bonds which were redeemed by the political parties, including the details of encashment and denominations.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Supreme Court dismisses an application of State Bank of India (SBI) seeking an extension of time till June 30 to submit details of Electoral Bonds to the Election Commission of India.<br><br>Court asks SBI to disclose the details of Electoral Bonds by the close of business hours on\u2026 <a href=\"https:\/\/t.co\/f91v4no7MM\">pic.twitter.com\/f91v4no7MM<\/a><\/p>&mdash; ANI (@ANI) <a href=\"https:\/\/twitter.com\/ANI\/status\/1767073305888997516?ref_src=twsrc%5Etfw\">March 11, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Harish Salve who was appearing for the SBI said that while SBI could simply comply with the February 15 judgement by disclosing available information, it needs more time to match the information of donor details with the political parties. Chief Justice of India DY Chandrachud said what they are saying is that there are 2 different information silos and rematching them would require significant efforts.<\/p>\n\n\n\n<p>He said they had simply directed plain disclosure. The Chief Justice of India asked the SBI what progress it made on matching in the last 26 days. He said there should be a degree of candour from the SBI and they should reveal the extent of work done by the top bank.<\/p>\n\n\n\n<p>Salve said that in hurry to give details, there might be some mismatches and the SBI might make mistakes. He added this might create havoc and SBI might be sued. The Supreme Court bench which comprises of Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Mishra said that SBI being the number 1 bank in India is expected to handle the task.The Supreme Court has directed for disclosure of KYC details, amount of bond. The apex court has also directed for disclosure on donations received by political parties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Bank of India has been asked to submit details of the bonds including the name, date and denominations. The country\u2019s biggest bank will also reveal details of the bonds which were redeemed by the political parties, including the details of encashment and denominations.<\/p>\n","protected":false},"author":4,"featured_media":504313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":"","jetpack_publicize_message":"Supreme Court rejects SBI plea seeking more time to furnish details of Electoral Bonds, orders bank to give details by tomorrow","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1497,125714],"tags":[70107,1485,320],"yst_prominent_words":[],"ppma_author":[140543],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/d2r2ijn7njrktv.cloudfront.net\/apnlive\/uploads\/2024\/03\/11125701\/Supreme1-_1_.webp","jetpack_sharing_enabled":true,"authors":[{"term_id":140543,"user_id":4,"is_guest":0,"slug":"apnnewsdesk","display_name":"APN Live","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/478eacb893eda88aa6ed8d99b005bf58?s=96&r=g"}],"_links":{"self":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts\/504311"}],"collection":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/comments?post=504311"}],"version-history":[{"count":0,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts\/504311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/media\/504313"}],"wp:attachment":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/media?parent=504311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/categories?post=504311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/tags?post=504311"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=504311"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/ppma_author?post=504311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- html is corrupted -->