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kavyamanohar

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may i please my lord? yes.

the issuing bank shall herewith stop issuance of electoral bonds.

but in so far as the purchases are concerned, everything

has been remitted back to the mumbai central main branch.

except. i'm sorry, my lord. your lordship is right.

it is not kept at one place because the

reason if your lordship just sees an earlier para.

my lord was pleased to see para 10,

if your lordship just sees para 5 and 7.

that's why the problem is has risen in this case.

paragraph 5 said central government framed the electoral bond scheme, which provided

that the information furnished by the buyer shall be treated as confidential

that's been done.

and the bank - shall not be disclosed by any authority for any purpose.

we knew this is sensitive information, so a physical procedure was devised.

you sort of did a kyc and you kept the name in that.

and once that was cleared then only the bond number was

cleared, and then the bond number was used for further purchases.

the money came to people who didn't know who the

money was - who the real name of the purchaser.

they just knew this was a cleared account, so.

it came into a bond payment account, and

from the bond payment account it was given.

state bank of india shall submit details of electoral bonds purchased since the

and it was done precisely to prevent this kind of

gossip coming out saying so and so has purchased so much.

now my lord, para 7 if you see

the sop, because this is not something we've done.

this is the original sop, said, no detail.

mr. salve, ultimately even your faqs, which were shown to

us during the course of the hearing, the faqs indicate

that for every purchase you have to have a separate kyc.

yes, we have that. we have that.

therefore, it's very clear that every time somebody made a purchase, a kyc was mandated.

interim order of the court of 12th april, 2019 till date to the eci.

there was one set of documents, namely the electoral

bond application form, kyc documents, citizenship documents, and pay-in slips.

there's no issue. we have the details.

please don't misunderstand me. therefore, you have the details.

no, no, i have the details. i am sorry.

i am not saying it is not there.

one-minute mr. salve. now paragraph 10 you specifically say that all the purchases.

details have been kept in a sealed cover

in the main branch of the applicant bank.

correct my lord.

the detail shall include the date of purchase of each electoral bond.

you just have to simply open up the sealed

cover and collate the names and give the details.

as far as paragraph 11 is concerned, then also you are

saying that the donors’ details are being kept in a sealed cover.

envelope in a sealed cover. open up the sealed cover and give the details.

in fact,. until my lord, where the only bit of information.

if i'm not mistaken, the ec was asked

to file an affidavit, which, in a sealed.

affidavit, or details in a sealed envelope, which we have not opened.

which we have not opened, with regard to the donor details and

that is no problem.

other details, during the course of hearing, which they may have filed.

my lord, my problem is this, with respect.

in fact, just responding to what my lord has said - there are.

i have full details of who purchased the

bond, but that's put in one silo of information.

i have full details of where the money

came from, which is in a second silo.

and i have a complete detail of which political party

tendered how many bonds and who has been paid how much.

that's an easy ask. that can be given straight away.

the name of the purchaser of the bond

the problem is, one, i have to now put the name of the

purchaser, which is in the first sealed packet and these are all physically kept.

they were not put into the banking system.

and each form will have to be taken out - the name checked.

that name now correlated to the payment detail,

and the payment detail correlated to the bond.

and finally, that's where the bond number gets generated, and then we

can connect as to which political party, who has given that money.

that has not been asked, mr. salve.

we have to give direction to correlate it with the purchaser and the political party.

and the denomination of the electoral bond purchased.

my lord, para 76 just suggests that.

would your lordships just see it for a moment.

don't go by what is suggested.

whatever you wanted to speak was spoken in black and white.

no. no. in that, my lord, your lordships please see that sentence.

we have no desire at all to try and expand our own job, my lord.

please see 76. this, by itself, is creating difficulties.

my lord, your lordships say - 'the detail shall include date of

purchase of bond, no problem. but the moment i have to give

the detail of the name with the bond number, that is taking

the sbi should submit details of political parties which have

time because we have deliberately put these into silos.' if your lordships

want only the details of who purchase the bonds, we can give that straight up.

mr. salve, our judgement is dated 15th of february, 2024.

we are now on the 11th of march.

yes, my lord.

in the last 26 days, what extent of matching has been done by you?

what steps have you taken in the last 26 days?

the application is absolutely silent on that.

we can put a detailed affidavit on that my lord because i am not.

it should have been disclosed in the affidavit.