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.
After the Supreme Court struck down the Electoral Bonds scheme as unconstitutional, senior advocate Prashant Bhushan said that the petitions filed have been comprehensively allowed by the top court.
The Supreme Court on Thursday will deliver its verdict on a batch of pleas challenging the legal validity of the Central government's Electoral Bond scheme which allows for anonymous funding to political parties.
A bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Mishra sent the matter for adjudication to the Constitution bench in view of the importance of the issue.
The Supreme Court on Tuesday posted for hearing on October 31 a batch of pleas challenging the central government's Electoral Bond Scheme which provides for funding to political parties
The government notified the Electoral Bond Scheme on January 2, 2018. Electoral bonds were introduced to "cleanse the system of political funding" in India.
The bonds are available for purchase for a period of 10 days each in the months of January, April, July and October, as may be specified by the central government.
A bench of Chief Justice DY Chandrachud and Justice PS Narasimha said it will consider on April 11 if the Electoral Bonds case should be referred to a five-judge Constitution bench.
The Supreme Court on Thursday posted for hearing the pleas challenging the government's Electoral Bond scheme allowing anonymous funding to political parties in the last week of January.
New Delhi [India], September 30 (ANI): The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated January 2 2018, said Ministry of Finance on Wednesday.
New Delhi [India], Jan 20 (ANI): The Supreme Court on Monday refused to grant an immediate stay on issuance of the Electoral Bond Scheme, for the purpose of donations to political parties, notified by the Central government on January 2, 2018.