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Apex court asks SBI to submit electoral bond details in 24 hrs

As India Travel Times indicated on Sunday, the ADR and Common Cause petition seeking contempt proceedings against the SBI had become infructuous. The court stated in its order on Monday, “While we are not inclined to exercise the contempt jurisdiction at this time, we place SBI on notice..."

NEW DELHI, Mar 11: The Supreme Court on Monday declined to extend the deadline set by the court for the SBI to submit to the Electiom Commission of India (ECI) the details of the electoral bonds sold by the bank to private parties since the start of the scheme, which was declared unlawful by the apex court last month.

The court ordered that the details now be submitted to the ECI by 5 pm Tuesday by the SBI and published by the ECI on its website by March 15.

Two days ahead of the deadline set by the apex court earlier, on March 4 the SBI had appealed to the SC to extend the deadline to June 30. Hearing the plea on Monday, the five-judge Constitution bench of Chief Justice of India (CJI) DY Chandrachud with Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra dismissed the bank's plea. It did not buy the SBI's argument citing practical difficulties and the complexity of decoding and compiling data from the sale of these bonds. The court explained how easy the job is, instead.

Delivering its verdict on several petitions filed before it challenging the scheme of anonymous electoral bond scheme started by the Finance Act of 2017 by amending the Income Tax Act, Reserve Ban odIndia Act and the Representation of the People Act, the apex court had on February 15 struck down the scheme as unconstitutional and set a deadline of March 6 to submit to the ECI the details of the bonds the bank has given out so far since it began on April 12, 2019 and for the ECI to put them up on website by March 13.

The court had particularly stated in the February 15 order that the details of each electoral bond encashed by a political party must also be furnished to the ECI by March 6.

In Monday's order it directed that the SBI needs to provide details of each electoral bond purchased, name of purchaser, denomination of electoral bonds, and details of each electoral bond redeemed by political parties, including the date of encashment. And the ECI should publish them on its website by March 15.

The court also stated, “While we are not inclined to exercise the contempt jurisdiction at this time, we place SBI on notice that this court may be inclined to proceed against it for wilful disobedience if SBI does not comply with the directions by the timelines indicated in this order,” That meant there was no move for contempt of court as of now, but it will come up if the new guidelines are violated.

What is an electoral bond: According to the Government order of Jan 2, 2018, the electoral bond is a bearer instrument in the nature of a promissory note and an interest-free banking instrument. Any citizen of India or a body incorporated in India will be eligible to purchase the bond, and can donate to a political party anonymously as the bond does not carry the name of the payee. The scheme was purportedly introduced to check use of black money in election campaigns.


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COMMENT: A simple question but difficult to understand is why the people should be concerned about whether an NTA director is sacked for paper leakage or a DGP is removed for law and order breakdown. The people have nothing to do with the elite appointments nor their conduct. They are the cousin-brothers of the political dispensation. If not barred by fixation, kindly take a look at other countries!

“What I want to do and what I will do is, you graduate from a college, I think you should get automatically as part of your diploma (two-year programs or doctoral degrees) a green card to be able to stay in this country” permanently, the presidential candidate said. Asked if he would promise to allow the “best and the brightest around the world to (come to) America,” Trump firmly replied: “I do promise.”

COMMENT: Could Biden visualise a better immigration formula to build a still stronger America? Will Kamala Harris, in charge of migration, and struggling for ideas, take note?

Delhi has recorded the hottest night (35+ deg C), unheard of since the beginning of time! For 30 consecutive days the maximum temp is above 40 deg C and in the nights too the mercury stayed high as there is hardly any earth around to absorb and dissipate the day's heat. Add on to the nightmare the acute water shortage in the national Capital due to the power-hungry, low-grade politicians squabbling for one-upmanship. More than 200 people died in Delhi-NCR in the past two days. Most of them are poor people, labourers, the homeless, beggars.

An anatomy of NEET 2024: From the start till finish NEET will stay put as a conundrum jinxed as it is. What if it was thought angels would come down from the heaven to conduct the entrance exam if done at the Centre and if in the States, they would be conducted by the corrupt mortals. So NEET was born... It's 'guaranteed' that no party will ever be able to do what is required to be done in the country. Because of their genetics. Frauds will only multiply. Is there anything worse? Yes. Shoot the messenger!

A video shows the terrifying scene of the chopper swirling and dropping nose down mid-air around the helipad. In fact, the rear rotor had gone for a toss and the pilot was performing autorotation for a crash-landing. He pulled it off! Congrats!

True or false, Savitri claimed her husband had told her to throw Vinod into the canal as all that he does is eat. "How much torture can my son endure?" She picked him up when he was asleep.

Marking a decisive stage in the ongoing tussle between Governors and the Governments in some States, the Governor of Bengal has thrown down the gauntlet to the State police, asking the Raj Bhavan staff to refuse any enquiry from the cops in the sexual harassment case filed by a woman employee against him.

COMMENT: In many a case complaints can be frivolous, made under certain circumstances. So it is more in the interest of the accused that there is an investigation to clear his name. Denial may only mean acceptance of the guilt. Besides, quoting Constitutional immunity in sexual harassment cases is nothing short of a vulgarity of the feudal landlord. Nobody is above the law.

While the universal apprentice scheme will enable the educated youth to stand up (literally) in a country where the people are trampled by wretched politicians, and look about for avenues to earn a living confidently, the provision of student credit cards of up to Rs 10 lakh will ensure each and every student of this country receives equal opportunities to fulfil their aspirations of higher education irrespective of their financial conditions. It will be a game changer. These are on the lines of what US Vice-President Kamala Harris visualised to be happening to the Third World when she hailed Ajay Banga as a transformative World Bank President.

Peter Higgs is the father of the mysterious Higgs boson, otherwise called 'God Particle', which gives mass to all elementary particles, and created our universe. His contribution helped other scientists understand how the Big Bang created something out of nothing 13.8 billion years ago. The equations of particle physicists which did not have a leg to stand on till then, the 'God Particle' came as a Godsend. The theories so far to describe the universe did not hold water.

It was only by 2012, after 50 years of the boson discovery, that scientists at CERN could make the big announcement that they had finally found a Higgs boson using the Large Hadron Collider.

Higgs instantly broke into tears, tears of profound satisfaction, in the lecture hall where the announcement was made.

LEGAL REMEDIES: Last year, on the directive of the Supreme Court, the Governor granted assent to one Bill, and referred seven Bills to the President. The petition against the President also challenges the Governor's action of referring the Bills to her.

The unprecedented step by the State may also establish that it always upholds the Constitution and the rule of law in order to pre-empt any eventuality of getting dismissed on flimsy grounds invoking provisions of the Constitution later on; and, also provide a thrust to an emerging platform of regional forces pitted against the ongoing centralisation of every subject and activity in the country under one umbrella where the States will ultimately 'wither' away (for some time).

OPINION: Made to happen as it does just weeks ahead of the general elections, the arrest may signal, if not the cause of, far-reaching consequences in the course of Indian politics. The Opposition charges that the ruling party at the Centre has unleashed the police to catch a leader every other day for corruption allegedly indulged in in the present or the remote past in order to incapacitate any concerted opposition to the ruling dispensation.

The “My way or the highway" man, Trump has predicted 'apocalypse' for Americans if he is not elected the President in the upcoming election. He sounds “extremism, affection for violence." As always, he is also seeing what others don't, and repetitively using words like "(2020) election was stolen"! And that's a symptom! Delivering a no-holds-barred speech at a rally in Ohio, he also predicted the US won't see another election if he did not win the November battle against the incumbent President. With his savage push against the God-fearing Catholic, and the heap of criminal cases pending in the courts, the unpredictable Trump's nomination exposes a season of drought of leadership of calibre in the United States.

The much-touted 'one-nation, one-election' argument was purportedly to prevent wasteful expenditure of the people's money, manpower and deceleration of development, but the committee report when implemented will end up paving the way for holding more elections than currently being held. Because of the logistics and democratic limitations involved, the committee was not expected by commonsense to be out of a loose end either! Those who are alive at that time, and further for ten more years thereafter, can count the rounds and compare with the present numbers. Therefore, either the agenda is different or the 8-volume presentation is faulty/made-up!!!

The manager has defended himself saying that dry ice got mixed with mouth freshener by the negligence of the staff...After taking the mouth freshener the customers felt a burning sensation and started vomiting blood. Five of them were hospitalised. Two are in critical condition.

Harmful effects of dry ice: Ingested, dry ice can burn your mouth, esophagus and stomach as it sublimates on contact with the moisture of the organs and turns into CO2, apart from other damaging physical and chemical changes it induces. The pressure building up in the stomach due to sublimation can also rupture the stomach muscles. It turns lethal. In normal direct handling it leads to frostbite due to the cold temperature.

One of them is seen in CCTV being shot at close range. The motive is suspected to be personal enmity.

TAILPIECE: Almost every other day we hear of shootings in one place or other in the country. India will very soon replace the US as the world's No 1 in the incidence of mass shooting. It will eclipse terrorism as a source of concern. Who can help? At least, has it occurred to anyone's mind?

'This Moment' of Shakti fusion won the Best Global Music Album at the Grammys. Zakir Hussain has won two other awards too. In a great victory for Indians, five of them have won the Grammys this time. In other sections, Taylor Swift got her fourth Album of the Year award and Miley Cyrus got an award for the first time.

The Government scheme provides ₹ 51,000 per wedding of which ₹ 35,000 goes to the girl, ₹ 10,000 for wedding materials and ₹ 6,000 towards expenses for the ceremony.

“Two activists from the environmental movement ‘Riposte Alimentaire’ sprayed pumpkin soup on the armoured glass protecting the Mona Lisa, this Sunday, January 28, 2024, around 10 am (4aET),” a statement from the museum said.

It is not understood how undesirable elements are allowed to get so close to her and play havoc with the artwork. Several times over this has happened in the past, deranged minds masquerading as tourists and cultists venting their frustration.

A Spicejet passenger had a harrowing experience inside a tiny claustrophobic lavatory aboard a Mumbai-Bengaluru flight when he found to his bewilderment that the door was not opening.

Two days earlier, in a similar incident in the area, a domestic help was bitten by a pet dog in the lift when she was going for work.

Tailpiece: Sometimes appearing to outnumnber men and women on the streets, the stray dogs are turning more and more daring with sections of anti-social elements out there to feed and protect them in order to find a window for their unfulfilled love! There is an all-pervading feeling of lack of authority.

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