The Supreme Court, led by CJI DY Chandrachud, has declared the Electoral Bonds scheme unconstitutional, invalidating anonymous political party donations. The Court cited violations of the right to information and free speech, mandating disclosure of bond recipients and refunding unused bonds. The scheme, introduced in 2018, aimed for transparency but faced criticism for fostering corruption and favoritism.
The Supreme Court is delivering its verdict on the legality of electoral bonds, which allow anonymous contributions to political parties. The scheme, introduced in 2017, permits donors to anonymously donate funds to political parties by purchasing bearer bonds from the State Bank of India. The petitions challenging the amendments made through the Finance Act, 2017, argue for transparency in political funding.
The Supreme Court of India has mandated the Election Commission of India (ECI) to provide comprehensive data on funds political parties have received through electoral bonds by September 30, 2023. This directive was issued by a Constitution Bench led by Chief Justice of India DY Chandrachud, which also includes Justices Sanjiv Khanna, BR Gavai, JB […]
In the august chambers of the Supreme Court, where the rule of law typically eclipses all else, a rare moment of empathy and concern was observed during the intense deliberations over the electoral bonds scheme. Chief Justice of India DY Chandrachud and Solicitor General Tushar Mehta set a humane precedent by momentarily halting the legal […]
On Monday, October 16, the Supreme Court decided to refer the petitions challenging the anonymous electoral bonds scheme to a Constitution Bench comprising five judges. Chief Justice of India DY Chandrachud, while addressing the matter, stated, “In view of the importance of the issue raised, and with regard to Article 145(4) of the Constitution of […]