Page 15 - Constitution Bench News Today

In a unanimous verdict, a 5-judge Constitution Bench of the Supreme Court on Thursday struck down the electoral bonds scheme 2018 as unconstitutional.

In its verdict striking down the electoral bonds scheme, the Supreme Court observed that the majority of contribution through bonds has gone to political parties which are ruling parties in the Centre and the states.

In its verdict striking down the electoral bonds scheme, the Supreme Court observed that the majority of contribution through bonds has gone to political parties which are ruling parties in the Centre and the states.

Exclusive for Subscribers from Monday to Friday: Why Electoral Bonds and Association for Democratic Reforms (ADR) data about Electoral Bonds are relevant to the UPSC Exam? What significance do topics like Speaker’s role in legislative assembly, Archaeological Survey of India (ASI) and Income-tax Act, 1961 on the Electoral Bonds Scheme have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for February 16, 2024.

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Saying that financial contribution to a political party could lead to quid pro quo arrangements, Chief Justice of India (CJI) DY Chandrachud today said that the electoral bonds scheme by anonymizing contributions to the political parties infringe upon right to information of the voter provided under Article 19(1)(a) of the Constitution.

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The SC has directed the State Bank of India (SBI), mandated to issue such bonds, to stop issuing them with immediate effect and asked the Election Commission to make public details of encashment of the bonds by political parties

A Constitution Bench of the Supreme Court will pronounce at 10.30 AM today judgment on the petitions challenging the electoral bonds scheme.A 5-judge bench comprising Chief Justice of India DY...