The Supreme Court on Friday dismissed an application seeking to bar sale of Electoral Bonds ahead of the upcoming elections in West Bengal, Assam, Kerala, Tamil Nadu and Union Territory of Puducherry in March-end and April.

A bench headed by Chief Justice S.A. Bobde and comprising Justices A.S. Bopanna and V. Ramasubramanian said: "In light of the scheme introduced in 2018 and the fact they have been released in 2018, 2019, and 2020 without impediment, we do not see any reason to stay the issuance at this stage."