Top court issues notice to bank
Business Standard|March 16, 2024
The Supreme Court on Friday said State Bank of India (SBI) had to reveal the numbers on electoral bonds in addition to the disclosed details regarding their purchase and redemption.
BHAVINI MISHRA

A notice has been issued to the bank. The case will likely be heard again on Monday.

"Who is appearing for the State Bank of India? They have not disclosed the bond numbers. It has to be disclosed by the State Bank of India," Chief Justice of India (CJI) D Y Chandrachud said.

Solicitor General Tushar Mehta said: "I am not appearing for State Bank of India. But Your Lordships may issue notice to the

SBI since they may have something to say. I feel that they need to be here." Senior Advocate Kapil Sibal interjected, saying the court's ruling on March 11 said all relevant details had to be furnished.

"Really speaking, we can take exception to what the SBI has disclosed," the CJI said.

He disapproved of the bank's counsel not being present.

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