NEW DELHI: The
State Bank of India
(
SBI
) on Monday requested the
Supreme Court
to extend the deadline till June 30 to give
electoral bonds
information to Election Commission.
In a landmark judgement on February 15, the SC had annulled the electoral bonds scheme for political funding, saying it violates the Constitutional right to freedom of speech and expression as well as the right to information.
In its verdict months ahead of the Lok Sabha polls, the apex court had ordered the State Bank of India (SBI) to disclose to the Election Commission by March 6 the names of the contributors to the six-year-old scheme.
A five-judge Constitution bench headed by Chief Justice D Y Chandrachud directed that the SBI must disclose details of each electoral bond encashed by political parties. The information should include the date of encashment and the denomination of the bonds and be submitted to the
poll panel
by March 6.
The Election Commission should publish the information shared by SBI on its official website by March 13, the bench had said.
(This is a developing story)