New Delhi, March 12 -- The All India Bar Association (AIBA) on Tuesday wrote a letter to the President of India and requested for Presidential Reference to the Supreme Court of India on the Electoral Bonds scheme under Article 143 of the Constitution of India.

It submitted that the Supreme Court of India passed a verdict of far-reaching consequences on February 15, 2024 invalidating the Government of India's Electoral Bonds Scheme. It also ordered the State Bank of India to hand over details of the corporate contributions received by political parties by March 6, 2024 and further directed the Election Commission of India to make public the details.

On March 11, 2024, when the State Bank of India sought time till June 30, 2024 to disclos...