In a landmark decision, the Supreme Court ruled the electoral bonds scheme unconstitutional, citing it as arbitrary and violative of Article 14 of the Constitution. This verdict came following a batch of pleas challenging the legality of the scheme, which allowed for anonymous funding to political parties.
Unanimous Verdict: A five-judge Constitution Bench, presided over by Chief Justice of India D Y Chandrachud, unanimously declared the changes made in the law to introduce the electoral bonds scheme as unconstitutional.
Disclosure Requirement: The Court mandated that the State Bank of India (SBI) submit details of electoral bonds purchased since the interim order of April 12, 2019, to the Election Commission of India (ECI).
Justice Khanna’s Perspective: Justice Khanna penned a concurring opinion, offering slightly different reasoning but ultimately supporting the unanimous decision.
Violation of Free and Fair Elections Principles: Both judgments addressed whether the non-disclosure of information on voluntary contributions to political parties, as per the electoral bond scheme and amendments to relevant sections of laws, violated the principles of free and fair elections.
Hundreds of residents near Mount Ibu, an active volcano on Halmahera island in eastern Indonesia,…
India's strategic infrastructure development along its borders, particularly in regions like Ladakh and Arunachal Pradesh,…
In anticipation of increased demand in the automotive sector, Mahindra & Mahindra Ltd has unveiled…
In a recent briefing on the mid-year update of the World Economic Situation and Prospects…
In a significant development, senior Indian Police Service (IPS) officers A Y V Krishna and…
Nepalese Prime Minister Pushpa Kamal Dahal, also known as Prachanda, is set to seek his…