As his 'Bharat Jodo Nyay Yatra' reached Bihar's Aurangabad on Thursday, Congress leader Rahul Gandhi on Thursday came out in praise of the Supreme Court over its verdict striking down electoral bonds, promising to conduct a financial survey across the country if voted to power in the upco
In a separate but concurring opinion in the Electoral Bonds case, Justice Sanjiv Khanna highlighted significant data related to contributions via such bonds. He observed that a majority of these contributions were directed towards parties holding power at both the national and state levels.
The Communist Party of India (Marxist) on Thursday hailed the verdict of the Supreme Court striking down the electoral bonds scheme and said the "unscrupulous scheme designed to finance the ruling party by anonymous corporate donors" has been completely scrapped
After a five-judge bench of Supreme Court striking down the Electoral Bonds scheme as unconstitutional Rajya Sabha MP Kapil Sibal called SC's decision "a ray of hope for democracy".
Former Rajasthan Chief Minister Ashok Gehlot said on Thursday that the Supreme Court verdict striking down the Electoral Bonds scheme has allegedly proven that the electoral bonds are a "big scam" of the NDA government.
The Supreme Court on Thursday after striking down the Electoral Bonds Scheme which allowed for anonymous funding to political parties, ordered the State Bank of India (SBI) to stop issuing Electoral Bonds immediately.
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 Apex Court ordered banks to forthwith stop issuing Electoral Bonds and that the State Bank of India (SBI) shall furnish the details of Electoral Bonds encashed by the political parties. The court said that SBI should submit the details to the Election Commisison of India and ECI shall
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.
The Ministry of Finance has granted authorization to the State Bank of India (SBI) for the issuance and encashment of electoral bonds through its 29 authorised branches.
Electoral bonds, once issued, are valid for a period of 15 calendar days. It is essential to note that no payment will be made to any payee political party if the electoral bond is deposited after the expiration of its validity period.