Supreme Court directs SBI to disclose details of Electoral Bond numbers, file compliance affidavit by March 21

Supreme Court Constitutional Bench

March 18, 2024

The Supreme Court on Monday directed SBI to disclose all details of Electoral Bonds including the unique alphanumeric number nad the serial number numbers.

The top court also directed the SBI Chairman to file an affidavit by 5 pm, March 21 stating that the SBI has disclosed all details of Electoral Bonds which were in its possession and custody and no details have been withheld.

“There is no manner of doubt that the SBI is required to furnish all details available with it. This, we clarify, will include the alphanumeric number and serial number, if any, of the bonds purchased. In order to avoid any controversy in the future, the chairperson of the bank should file an affidavit by 5 PM on Thursday that it has disclosed all details in its custody and that no details have been witheld,” the Supreme Court said.

The apex court ordered that the Election Commission shall upload the details of the electoral bonds case forthwith upon receipt of information from the SBI.

The Court stated that its February 15 judgment mandated the SBI to disclose “all details” including the date of purchase/redemption, name of purchaser/recipient, and the denomination.

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