Supreme Court Asks for Electoral Bond Details from Political Parties

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The Supreme Court on Friday directed the political parties to furnish information regarding the donors, who are donating funds through electoral bonds, into the political parties during the ongoing 2019 elections.

The apex court has ordered to list all the details of the funds and their donors and submit it to the Election Commission of India (ECI) in “sealed envelopes” by May 30.

The SC bench presided by the Chief Justice of India (CJI) Ranjan Gogoi along with Justice Deepak Gupta and Justice Sanjiv Khanna was hearing a plea by NGO Association of Democratic Reforms (ADR) where the petitioner has argued for a stay in the poll funds scheme and transperancy in the process.

Also, the top court bench has directed the Ministry of Finance to narrow the limit of purchase of electoral bonds from 10 to 5 days in April-May.

However, the Supreme Court bench oversaw that the filed rival petitions “raise weighty issues which have a tremendous bearing on the electoral process.”

Earlier on April 11, the government had told before the court that it is not necessary for the public to know about the funds and their donors.

 

 

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