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Electoral bonds

SBI gets time till March 12 to disclose details of electoral bonds after SC rap

SBI gets time till March 12 to disclose details of electoral bonds after SC rap

11 Mar 2024

The State Bank of India's (SBI) request to extend the Superme Court deadline until June 30 to provide the Election Commission of India with information about its electoral bonds was denied by the apex court on Monday. Instead, the bank was instructed to provide the information by March 12. The...

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SC warns SBI, asks it to submit details of electoral bonds by March 12

SC warns SBI, asks it to submit details of electoral bonds by March 12

11 Mar 2024

Coming down heavily on the State Bank of India (SBI), the Supreme Court on Monday warned the public sector bank while directing it to submit all the details of the electoral bonds purchased from April 12, 2019 till date to the Election Commission of India by March 12. Issuing its...

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Electoral bonds: SC to hear SBI plea today

Electoral bonds: SC to hear SBI plea today

11 Mar 2024

A five-judge constitution bench of Supreme Court is scheduled to hear on Monday an application submitted by State Bank of India (SBI) seeking an extension of time until June 30 to disclose details of each electoral bond en-cashed by political parties before scheme was annulled last month. The bench, headed...

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Congress leader Mallikarjun Kharge slams BJP; says ‘links SBI electoral bond move to Lok Sabha polls’

Congress leader Mallikarjun Kharge slams BJP; says ‘links SBI electoral bond move to Lok Sabha polls’

05 Mar 2024

Reacting to the State Bank of India's request for an extension to disclose details about electoral bonds, Congress chief Mallikarjun Kharge accused the Modi government of utilizing the bank to conceal its alleged "dubious dealing." Following a Supreme Court order for SBI to reveal bond details by March 6, the...

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State Bank of India requests SC to extend deadline to give information on electoral bonds

State Bank of India requests SC to extend deadline to give information on electoral bonds

05 Mar 2024

The State Bank of India (SBI), a public-sector bank, has requested the Supreme Court to extend the deadline for revealing the identities of buyers of electoral bonds from March 6 to June 30. This move has significant political implications as a June 30 deadline would result in disclosures after the...

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Supreme Court Declares Electoral Bonds Scheme Unconstitutional, Orders Cessation and Disclosure of Details

Supreme Court Declares Electoral Bonds Scheme Unconstitutional, Orders Cessation and Disclosure of Details

15 Feb 2024

On Thursday, the Supreme Court delivered a unanimous verdict declaring the changes made to the law to introduce the electoral bonds scheme as unconstitutional. The ruling came in response to a series of pleas challenging the legality of the scheme, which allowed for anonymous funding to political parties. The five-judge...

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Electoral bonds in the politico-legal landscape and change in dynamics of elections

Electoral bonds in the politico-legal landscape and change in dynamics of elections

28 Jun 2023

A bull may have good qualities, but you will never bring them out by waving a red flag in the face. This is often suited most to the precarious situation of expecting the national or state legislature (read it as a tag team of political parties) to self-tighten the noose...

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