On Electoral Bonds Verdict, “Weighing Options, No Ordinance Yet”: Sources

On Electoral Bonds Verdict, “Weighing Options, No Ordinance Yet”: Sources

The Electoral Bonds Scheme was notified by the government in January 2018 (File). New Delhi: A day after the Supreme Court struck down the electoral bonds scheme – on grounds it violated citizens’ right to information, was unconstitutional, and may lead to a quid pro quo arrangements between political parties and donors – the government …

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Supreme Court strikes down electoral bonds scheme, associated amendments as unconstitutional

Supreme Court strikes down electoral bonds scheme, associated amendments as unconstitutional

In a unanimous judgement, a constitution bench headed by Chief Justice D.Y. Chandrachud said amendments made to laws governing elections, taxation and corporate donations to facilitate the rollout of the scheme were unconstitutional and violated citizens’ right to information. The apex court directed State Bank of India (SBI), the sole issuer of electoral bonds, to …

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Supreme Court strikes down electoral bonds scheme: ‘unconstitutional’, ‘arbitrary and violative of Article 14’ | India News

Supreme Court strikes down electoral bonds scheme: ‘unconstitutional’, ‘arbitrary and violative of Article 14’ | India News

IN a historic verdict barely weeks before the Lok Sabha polls are set to be notified, the Supreme Court struck down Thursday the Narendra Modi government’s 2018 electoral bonds scheme of anonymous political funding. Highlighting that “the information about funding to a political party is essential for a voter to exercise their freedom to vote …

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