Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

LIVELAW NEWS NETWORK

18 March 2024 8:53 AM IST

  • Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

    A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. Last Friday, the bench had taken exception to the...

    A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.

    The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. Last Friday, the bench had taken exception to the SBI disclosing the electoral bond details without revealing the unique alphanumeric numbers, without which it is difficult to match the donors with the political parties. Observing that the SBI had to disclose the unique numbers as per the February 15 judgment, the bench issued notice to the Bank and posted the matter today.

    In another development, the Election Commission of India yesterday uploaded on its website the details of donations received by political parties. These details were submitted before the Supreme Court pursuant to the interim orders passed on April 12, 2019 and November 2, 2023. On March 11, the Court directed the ECI to publish these details as well.

    In a related development, an application has been filed by "Citizens Rights Trust" seeking to direct the SBI and the ECI to disclose the details of electoral bonds worth Rs 4000 crores sold between March 1, 2018 and April 12, 2019.

    Follow this page for live updates from today's hearing.



    Live Updates

    • 18 March 2024 11:05 AM IST

      SG : Statistics can be twisted in any manner. Based upon twisted statistics, any kind of posts are made. Would your lordships consider issuing a direction..saying Rohatgi gave this money, it will have its own conclusions..

      CJI : As an institution, our shoulders are broad enough to deal with social media commentary.. Our intent was disclosure..We are governed by a rule of law...

      SG : The judgment is playing out in a different way....

    • 18 March 2024 11:04 AM IST

      SG : The way in which this Court's judgment is playing out is something which the Court must be informed of. .. Now the witch-hunting has started at some other level, not at govt level. Those before the Court starting giving press interviews deliberately embarrassing the Court. A series of social media posts, at least intended to cause embarrassment, started.

    • 18 March 2024 11:01 AM IST

      Solicitor General : On behalf of Union Government, I completely disassociate with what Mr.Aggarwala has written. It is completely unwarranted.

    • 18 March 2024 11:01 AM IST

      Salve : We will give the bond numbers. Voter knowing is one thing. But if there are PILs saying investigate this and that, I don't think that is the intent of this Court's judgment.

    • 18 March 2024 11:00 AM IST

      Salve : Your lordships may clarify, we will give every bit of information we have. SBI is not holding back any information we have.

    • 18 March 2024 10:59 AM IST

      Salve :We will do it. It is just that the media is always behind us, with the petitioners saying they will take the SBI to task, haul them up in contempt..

    • 18 March 2024 10:59 AM IST

      #BREAKING CJI : We will say SBI shall disclose the bond numbers and also that you should file an affidavit stating that you have not suppressed any information.

    • 18 March 2024 10:58 AM IST

      CJI : Assuming you construed our judgment with the interim order, the interim order has merged with the final order, which said "all details".

    • 18 March 2024 10:58 AM IST

      CJI : How does the redeeming branch match the number to ascertain if it is not a forged bond?

      Salve : It is like a currency note...

      CJI : What is the information you see when you scan the alphanumeric.

      Salve : The correlation is not there. 

    • 18 March 2024 10:57 AM IST

      Salve : In two files. The bond number is only on the bond. It is visible only under UV light.

      CJI : Is it only a security feature or for audit trail?

      Salve : Security feature. Audit trail is seperate.

    Next Story