SBI’s Time Extension Plea on Disclosure of Electoral Bond Data Challenged in Supreme Court

New Delhi: The Association for Democratic Reforms (ADR) moved a contempt plea in the Supreme Court on Thursday, challenging the State Bank of India’s (SBI) application before the apex court seeking an extension of time till June 30 to disclose the details of each electoral bond encashed by political parties. ADR is an NGO.

A bench headed by Chief Justice DY Chandrachud took note of the submissions made by lawyer Prashant Bhushan, who represented the ADR in the court.

Bhushan requested the apex court that the contempt application should also be heard together along with the SBI’s plea, which is likely to be listed on March 11.

“Please send an e-mail. I will pass the order,” the Chief Justice of India said.

On March 4, the SBI moved the Supreme Court seeking an extension of time till June 30 to disclose details of electoral bonds.

In its verdict last month, the Supreme Court directed the SBI to furnish the details about the Electoral Bonds to the Election Commission (EC) by March 6.