New Delhi: The Apex Court of India on Friday sought material and legal provisions in support of a PIL seeking postponement of presentation of the Union Budget due to Assembly elections in five states.

The bench asked lawyer ML Sharma to take time and prepare hard and come out with material in support of the PIL. The court then fixed the PIL for further hearing on January 20. The PIL has also sought a direction to strip BJP of its lotus election symbol for alleged violation of the model code of conduct which came into effect after declaration of Assembly polls in five states.

The PIL said the Centre be directed to present the Union Budget in the financial year 2017-18 which would commence from April 1, instead of the proposed February 1 date. It also said that the central government be restrained from declaring "any relief, programme, financial budget until the states' elections are over" as they would violate the Model Code of Conduct.

The Centre has already decided to convene the Budget Session of Parliament from January 31 to present the Budget for 2017-18 fiscal the very next day.(Agency inputs)