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bonds since the interim order of the court of the twelfth of april till the
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we are now on the eleventh of march. yes, my lord. in the last twenty
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six days, what extent of matching has been done by you?
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what steps have you taken in the last twenty six days?
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the application is absolutely silent on that.
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we can put a detailed affidavit on that my lord because i am not.
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it should have been disclosed in the affidavit. i agree, my lord. it is state
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bank of india, which is coming to us, we expect that there should be a
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degree of candour on the part of the state bank of india, that this is
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what the work which we have done.
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the work is at this stage.
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yes. i appear for state bank, and we need a little more time to comply
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date to the eci. that should be no problem my lord. sbi must disclose details
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we need an extension of time to carry out the balance of the exercise, which
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remains.
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we have sought to explain the problem, and the work is going on.
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because each form.
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it will have to be form by form.
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work is going on to what extent you have reached?
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my lord, work is going on form by form.
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they will.
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if your lordships want, i can give you the exact detail of how many we
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have covered and how many more we can cover.
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of each electoral bond encashed by the political party, which will include data of encashment
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but they did a rough calculation, my lord, it will take about three months more.
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because i will tell, my lord my other concern.
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i have another big concern, my lord. i cannot make a mistake in this.
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i'll get sued by the donor.
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i'll get sued by people, because i cannot by mistake say, a got it, when
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b had it.
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you are doing under the highest court of this country, so where is the question
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of you being sued?
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i am sorry, my lord?
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whatever you are doing, you are doing under the directions of highest court of the
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and denomination of encashment of each bond.
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country.
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no. no. no, my lord. if i make a mistake, if i say mister x
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got it instead of mister y got it, in a hurry to give the numbers.i
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could create havoc there because ultimately.
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as we take it, mister salve, you are accepting that there's no difficulty in giving
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names of the donors who purchase the bonds and the amount they purchased the bonds.
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you have got no difficulty having giving details of the political parties who have purchased
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the particular bonds.
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the only difficulty is matching the bond, purchased bond, with that.
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but in twenty six days, you must have carried out at least some, say ten
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the only problem which we are now trying to collate the information and create is
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thousand bonds you have been able to collate.
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five thousand bonds you have been able to collate.
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quite frankly, what i saw, they were struggling with it.
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they were making charts, which we saw were not matching and.
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i will tell, my lord, what has happened.
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i will tell, my lord, candidly what has happened.
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if i'm not mistaken, it was pointed out to us that the bonds had some
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number which under some instrument, they were able to dot that is all has to
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be done.
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yes, yes, yes.
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because we are having to actually reverse a whole process.
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that number is not to be found in the application for purchase or in the
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first set of documents.
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the problem is that number, when number was generated, that number has been scrambled and
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put elsewhere, and that number has been kept secret.
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now my lord, putting that will require tracing it into each transaction.
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at this stage of the interim order and i'm saying what happened at that time.
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the kind of information which your lordship asked was a macro information.
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that is no problem.
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in pursuance of the interim order, in pursuance of the interim order, election commission of
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india has filed details before us.
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the standard operating process we had put in, made sure that there was no connection
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in whatever they have.
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.in separate silos if we can use that expression.
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the registry has placed that in a secured, in secured custody with us.
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please direct them to open it here right now, because since we were deciding a
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point of constitutional validity, we didn't consider it necessary either during the course of the
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hearing or thereafter.
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so, we can ask them to open it and we will ask the election commission
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of india to divulge whatever there is and we'll ask sbi to then divulge what
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we have asked them to do.
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whatever has been placed before us.
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between the date, name of the purchaser in our core banking system, and the bond
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see, mister sharma, whatever has been placed by you before us in compliance with the
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judgment we will direct, that to be open right now.
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and your lordship directed us to give it to the eci. so, we'll give it
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to the eci. or your lordship wants us to file it directly in court. i
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think better through the eci. no. mister salve, you comply with the order of the
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court. to give it to the eci. whatever eci has placed in the court, we
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will direct that to be opened.
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we'll ask our court to make a copy of it, a digitized copy, for the
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safekeeping of the court. and then we will return it back to the, the rest
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we'll return it back to eci for them to upload it on their website.
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number, because we, as a bank were supposed, were told that this is supposed to
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what eci has already, there's no problem.
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we will give the eci in the time.
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if your lordships in three months we will go and give it to the eci.
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and as and when they get it, they can upload it.
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we want to make sure we get every bond number right, every donor right.
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this otherwise, is going to create havoc for today for donors who come and say
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this is not my bond.
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i did not purchase this.
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you put the wrong number on my bond.
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i did not give this, so and so.
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