Tag: electoral bonds

Two non-governmental organizations (NGOs), the Centre for Public Interest Litigation (CPIL) and Common Cause, have filed a petition in the Supreme Court seeking a Special Investigation Team (SIT) probe into alleged instances of "quid pro quo" between political parties and their donors through electoral bonds. This move comes over two months after the Supreme Court declared the electoral bonds scheme unconstitutional.

Following a directive from a five-judge Constitution bench, the Supreme Court registry has returned the electoral bonds data, previously submitted by the Election Commission, back to the commission. The commission had requested the documents, spanning from 2019 to 2023, to be returned so that it could fulfill an earlier Supreme Court order to publish the data on its website.

The Election Commission of India has made public the details regarding electoral bonds on its website, just a day before the designated deadline. This move comes after the Supreme Court's directive to disclose information pertaining to donors, political parties, and the amounts involved in the now-defunct electoral bond scheme.

In a significant development concerning the electoral bonds case, the State Bank of India (SBI) is set to seek an extension till June 30 for the full disclosure of electoral bonds details. The Supreme Court will convene on Monday to deliberate on SBI's plea, even as the central bank faces accusations of contempt in the same matter.

The State Bank of India (SBI) has appealed to the Supreme Court for an extension until June 30 to provide information regarding electoral bonds to the Election Commission. This request comes in the wake of the Supreme Court's landmark decision last month to invalidate the electoral bonds scheme and instruct SBI to furnish the information to the Election Commission by March 6.