Home Politics Electoral bonds: Key Supreme Court hearing today as SBI, NGO file petitions | 10 points

Electoral bonds: Key Supreme Court hearing today as SBI, NGO file petitions | 10 points

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Electoral bonds: Key Supreme Court hearing today as SBI, NGO file petitions | 10 points

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All eyes will be on the Supreme Court on Monday, March 11, as it will hear the application filed by the State Bank of India (SBI) seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties before the scheme was scrapped last month.

A view of the Supreme Court of India (AFP)
A view of the Supreme Court of India 

A five-judge Constitution bench headed by Chief Justice of India DY Chandrachud will also hear a separate petition seeking initiation of contempt action against the SBI alleging that it “wilfully and deliberately” disobeyed the top court’s direction to submit details of the contributions made to political parties through electoral bonds to the Election Commission of India by March 6.

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