homeindia NewsElectoral bonds: Association for Democratic Reforms moves SC after SBI fails to disclose data

Electoral bonds: Association for Democratic Reforms moves SC after SBI fails to disclose data

The court had directed the SBI to furnish electoral bond data to the EC by March 6. The SBI had on March 4 moved the court seeking an extension of time till June 30 to disclose details of each electoral bond encashed by the political parties.

By Ashmit Kumar  Mar 7, 2024 12:00:48 PM IST (Updated)

3 Min Read

The Association for Democratic Reforms (ADR) on Thursday, March 7, moved the Supreme Court for contempt of court in an electoral bonds case after the State Bank of India (SBI) failed to disclose the data by the prescribed deadline of March 6.
ADR's plea alleged that the SBI violated the apex court's directions. It alleged that despite the availability of data, the SBI has failed to act as directed by the court. It has sought the court's direction for disclosure of bond data by the SBI forthwith.
ADR was the lead petitioner in the electoral bonds case. The ADR has shared the data on electoral bonds from March 2018 to January 2024: