Datasets:

---

kavyamanohar

/

court-speech-full

like 0

may i please my lord?

are issued.

actually, there are four.

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 ten, if your lordship just sees para five

and seven.

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

paragraph five said central government framed the electoral bond scheme, which provided that the information

the issuing bank shall herewith stop issuance of electoral bonds. that's been done.

furnished by the buyer shall be treated as confidential 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

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

given.

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 seven if you see the sop, because this is not something

we've done.

this is the original sop, said, no detail.

mister 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.

of the court of the twelfth of april, twenty nineteen till date to the eci.

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

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.

the detail shall include the date of purchase of each electoral bond. that is no

one-minute mister salve. now paragraph ten 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. you just have to simply open up the sealed cover and

collate the names and give the details.

as far as paragraph eleven 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.

problem.

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 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

the name of the purchaser of the bond and the denomination of the electoral bond

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 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

purchased.

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, mister salve. we have to give direction to correlate it

with the purchaser and the political party.

my lord, para seventy six 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.

the sbi should submit details of political parties which have received contribution through the electoral

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

please see seventy six.

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 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.

mister salve, our judgement is dated fifteenth of february, twenty twenty four.