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Electoral Bonds Case Highlights: SC asks SBI to disclose data revealing companies' party-wise contributionThe Supreme Court on Friday ruled that the Election Commission will get the its original document of electoral bonds data after it has been scanned. The court directed the Registrar Judicial to complete this process by Saturday 5 pm. In its application, the Election Commission requested the apex court to return the sealed documents containing information regarding political parties' funding through electoral bonds, saying that it had not retained any copy to maintain confidentiality and hence are unable to comply with the court's order of uploading the details on its website. Additionally, the court issued notice to SBI seeking disclosure of bond numbers that reveal the party-wise contributions of companies. Here are the highlights from the hearing.
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<div class="paragraphs"><p>Supreme Court of India, Indian rupee.</p></div>

Supreme Court of India, Indian rupee.

Credit: PTI, Reuters Photo

EC moves SC seeking sealed electoral bond envelopes

The Election Commission has filed a plea in the Supreme Court seeking a direction release data on electoral bonds furnished to the top court in terms of previous orders of April 12, 2019 and November 2, 2023.

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A five-judge Constitution bench led by Chief Justice of India D Y Chandrachud would take up the matter on Friday.

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SC to hear EC's application in electoral bonds case at 10:30 am

In its application to the apex court, the Election Commission requested the court to return the sealed documents containing information regarding political parties' funding through electoral bonds. EC reasoned this request by saying that it had not retained any copy to maintain confidentiality and hence are unable to comply with the court's order of uploading the details on its website.

Poll bonds: Future Gaming, Megha Engg among top buyers

Future Gaming and Hotel Services and Megha Engineering and Infrastructure Ltd are the top buyers of the now-scrapped electoral bonds since April 2019 while steel tycoon Lakshmi Mittal and Kiran Mazumdar-Shaw of Biocon are among the prominent individu...

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Electoral bonds data 

While we get the latest updates on the Supreme Court hearing, check out the details of the SBI electoral bonds data ECI uploaded yesterday here.

Electoral bond seen along with rupee notes.

Credit: DH and iStock Photo

I have sent a letter to the CJI seeking suo motu review of the electoral bonds verdict: SCBA President 

Supreme Court Bar Association (SCBA) President, Adish Aggarwala said that he has sent a letter to the CJI seeking suo motu review of the electoral bonds verdict.

Aggarwala said that he will mention the same before the bench today.

SCBA president Adish C Aggarwal.

Credit: PTI File Photo

Bench assembles, UK judges join to watch

The bench has assembled to begin hearing. CJI D Y Chandrachud said that judges from UK will join to watch the proceedings.

This is an application for a 'minor modification', says ECI counsel

The ECI began by saying that the application is related to a 'minor modification' and the documents were sent 'as it is', sealed.

To this, CJI D Y Chandrachud replied saying, "We can ask the office to scan and digitise the data, it may take a day..."

As soon as the data is scanned, the originals will be returned to the ECI.
CJI D Y Chandrachud

Who is appearing for SBI, bond numbers are to be disclosed by them, says CJI

Speaking about the bond numbers, CJI asked who is appearing for SBI and said that the bond numbers are to be disclosed by the bank itself.

"All details have to be published by the State Bank of India", he said.

Notice to be issued to SBI

"Anyway, SBI was not a party to the judgment. Notice may be issued to the SBI", says CJI.

Data to be scanned till 5 pm tomorrow, ECI to get original copy after

The bench directed the Registrar Judicial to ensure that the data filed by the ECI is scanned and digitised by 5 pm tomorrow and the original copy is returned to the ECI after that. ECI should also get the scanned copy of the document and publish the data on its website right after.

SBI required to furnish all details, but unique alpha numeric number not disclosed, says CJI

While dictating the previous order that directed SBI to furnish all electoral bond details, CJI notes that the bank is yet to disclose the unique alpha numeric number that reveals where the contributions go to.

The secretary general submitted that a notice should be issued to the bank.

Notice to SBI to disclose all bond numbers

The apex court issued notice to SBI demanding disclosure of all bond numbers.

We direct the issue of notice to the SBI returnable by Monday.
CJI D Y Chandrachud

SCBA President asked to mention suo motu request on Monday

To his request of seeking suo motu review of the electoral bonds verdict, SCBA President Adish Aggarwala was asked to mention the the request on Monday.

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(Published 15 March 2024, 08:26 IST)