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

LIVELAW NEWS NETWORK

18 March 2024 3:23 AM GMT

  • 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 5:25 AM GMT

      Salve : If the numbers are there, we will give it.

      CJI : Tell us in what format the data on purchase and redemption is stored by the SBI?

      Salve : At that time we are under the dicate of anonymity.

      CJI : What is the format?

    • 18 March 2024 5:23 AM GMT

      Salve : Let me explain how we understood the order

      Reads from the judgment.

    • 18 March 2024 5:21 AM GMT

      Salve refers to the order of April 12, 2019, says ECI was asked to give information from political parties in sealed cover.

      CJI : We take it that you are not arguing a case for a political party.

    • 18 March 2024 5:17 AM GMT

      CJI : We want all information related to the electoral bonds to be disclosed which is in your possession.

    • 18 March 2024 5:17 AM GMT

      CJI : When we say "all details", it includes all conceivable data.

      Salve : May I tell how SBI understood the order. We will give everything. 

    • 18 March 2024 5:16 AM GMT

      CJI : SBI can't be selective in disclosing all details. Don't wait for the orders of the Court. We bank on the fact that the Bank will be candid.

      CJI : SBI's attitude seems to be "You tell us what to disclose, we will disclose". That does not seem to be fair.

    • 18 March 2024 5:15 AM GMT

      CJI : We issued notice to the State Bank of India last occassion.

      Sr Adv Harish Salve : I appear for the State Bank.

      CJI : In the judgment, we had expressed asked the SBI to disclose "all details". That includes the Bond numbers as well.

    • 18 March 2024 5:13 AM GMT

      SCBA President Adhish Aggarwala mentions petition for suo motu review.

      CJI : Mr.Aggarwala, apart from being a senior advocate, you are President of SCBA. You know the procedure. You wrote a letter to me. These are for publicity, lets leave it at it. I don't want to say more.

    • 18 March 2024 5:12 AM GMT

      Mathews Nedumpara : Entire judgment is delivered behind the back of the citizens.

      CJI : Don't shout at me. If you want to move an application, file an application. WE ARE NOT HEARING YOU.

      Nedumpara continues talking. Justice Gavai : You want contempt notice?

    • 18 March 2024 5:11 AM GMT

      CJI : You have come here after the judgment is delivered, we can't hear you right now.

      Justice Gavai : Whole world knew this proceedings was going on.

      CJI : We can't make an exception for you, what's sauce for the goose is sauce for the gander. 

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