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SBI chief files compliance affidavit in SC, submits all details of Electoral Bonds

SBI Chairman Dinesh Khara filed the compliance affidavit in the Supreme Court saying all details of Electoral Bonds, including the alphanumeric numbers, have been disclosed to the Election Commission of India (ECI), according to reports.

SBI chief files compliance affidavit in SC, submits all details of Electoral Bonds

State bank of India chairman Dinesh Khara (Photo:ANI)

The State Bank of India (SBI) submitted all the details of Electoral Bonds to the Election Commission of India (ECI) and filed an affidavit regarding the same to the Supreme Court on Thursday.

SBI Chairman Dinesh Khara filed the compliance affidavit in the Supreme Court saying all details of Electoral Bonds, including the alphanumeric numbers, have been disclosed to the Election Commission of India (ECI), according to reports.

The SC had demanded that the bank provide complete disclosure, including the unique bond numbers, which would reveal the link between the buyers and the recipient political parties.

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The deadline for the disclosure was set for March 21.

The Supreme Court had criticised the public lender for being selective and ordered it to disclose all details related to the electoral bonds scheme by the aforesaid date.

In the series of events, after the SC’s stringent directive, the SBI had shared the information with the ECI on March 12. It presented the affidavit about the same with the apex court on March 13.

The top court had given the ECI time till March 15 to upload the data on its website. On March 16, the ECI had published the electoral bond details provided by the SBI on its official website.

On Monday, a five-judge Constitution bench headed by Chief Justice D Y Chandrachud said, “There is no manner of doubt that the SBI is required to disclose complete details of the bonds.”

During the hearing, the CJI had said, “In the judgment, we had asked the State Bank of India to disclose ‘all details.’ That includes the bond numbers as well. The bank cannot be selective in disclosing all details. Do not wait for the orders of this court.”

“In our judgment, we have taken a conscious decision that the cut-off date should be the date of interim order (April 12, 2019). We took that date because it was our considered view that once that interim order was pronounced, everybody was put on notice. If we have to go back to an earlier date, it will become a substantive modification of the judgment and will require a review of this judgment. This cannot be done in a miscellaneous application,” the CJI had said.

A five-judge Bench of Chief Justice of India DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra was hearing the case related to the electoral bonds.

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