Electoral bonds; Supreme Court Judgment; State Bank of India

SBI Must Comply With Court Order

The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement:

The State Bank of India has failed to provide all the details of electoral bonds to the Election Commission by March 6 as directed by the Supreme Court in its judgment that declared electoral bonds as unconstitutional.  The judgment provided three weeks time to the SBI to furnish this information.

Instead, on the eve of the deadline of March 6, the SBI approached the court asking for another 116 days to submit the details by June 30.