Brief by Shorts91 Newsdesk / 06:34am on 11 Mar 2024,Monday India
The Supreme Court rejected the State Bank of India's plea for more time to reveal electoral bond details to the Election Commission, setting a deadline of March 12. The court warned of contempt proceedings if not complied. The SBI failed to meet the initial March 6 deadline, prompting the court's decision. The Chief Justice emphasized a "plain disclosure" as per the court's judgment, instructing the SBI to submit details promptly. The Election Commission must publish the information on its website by March 15, reinforcing transparency in electoral funding.
