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Electoral bonds scheme 'unconstitutional': Supreme Court invalidates poll funding system

The Supreme Court on Thursday struck down the electoral bond scheme – a mechanism that allows anonymous funding to political parties. Election bonds: what are they? Electoral bonds are legal tender that can be bought by individuals or businesses in India and function similarly to promissory notes or bearer bonds. The bonds are specifically intended […] - Newsx
Kapil Sibal Manoj Misra Jaya Thakur Vineet Malhotra Rajya Sabha Electoralbondsverdict Thulasik Raj
Source: newsx.com

India News | SC to Pronounce Verdict on Pleas Challenging Validity of Centre's Electoral Bonds Scheme Today

Get latest articles and stories on India at LatestLY. A five-judge Constitution bench headed by Chief Justice D Y Chandrachud had on November 2 last year reserved its verdict in the matter. India News | SC to Pronounce Verdict on Pleas Challenging Validity of Centre's Electoral Bonds Scheme Today.
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sbi electoral bonds: SC strikes down electoral bonds scheme. Here's what it asked the SBI to do

The Indian Supreme Court has ruled that the issuance of electoral bonds is unconstitutional and violates the right to information, Article 19(1)(a). The court has ordered the State Bank of India to stop rolling out bonds and submit details of bonds purchased since April 2019 to the Election Commission of India (ECI) by March 6.
Lok Sabha Supreme Court Association For Democratic Reforms Election Commission Of India General Elections Peoples Act

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