This is an archive article published on March 15, 2024
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Supreme Court cracks the whip again: SBI is duty-bound to give bond numbers

The SBI furnished details of the purchase and redemption of electoral bonds to the Election Commission on the Supreme Court’s directions. The unique alphanumeric code on the bonds can be used to match each donation to the political party that received it.

Supreme Court SBI Electoral BondsThe top court was hearing a plea on SBI not sharing the unique alphanumeric code printed on each electoral bond – which would have helped match donors with political parties.
Written by: Ananthakrishnan G
5 min readNew DelhiMar 16, 2024 01:52 AM IST First published on: Mar 15, 2024 at 10:58 AM IST

A day after the Election Commission of India released a list provided by the State Bank of India of all entities that purchased electoral bonds since April 2019 to make political donations, the Supreme Court Friday expressed its displeasure over non-disclosure of the bond numbers.

A five-judge Constitution Bench issued notice to the SBI and sought a response by Monday, saying the bank is “duty-bound” to furnish the unique alphanumeric code on the bonds to the ECI to enable matching them with their recipients.

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The Bench, comprising Chief Justice of India D Y Chandrachud, Justices Sanjiv Khanna, B R Gavai, J B Pardiwala and Manoj Misra, was hearing an ECI application seeking return of the bond data deposited with the Supreme Court Registry following two interim orders of the court dated April 12, 2019 and November 2, 2023.

Ananthakrishnan G. is a Senior Assistant Editor with The Indian Express. He has been in the field fo... Read More

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