Supreme Court Electoral Bonds Verdict: The Supreme Court has asked all political parties to submit details of all donations received through electoral bonds in a sealed cover to the Election Commission by May 30. The top court also added that the issue requires a detailed hearing. The apex court said it would examine in detail changes made in law and ensure balance does not tilt in favour of any party. The validity of the Centre’s electoral bonds scheme was challenged in the top court by an NGO.
The order was pronounced by a bench comprising Chief Justice Ranjan Gogoi and Justices Deepak Gupta and Sanjiv Khanna.
The plea against the scheme said that either the issuance of electoral bonds be stayed or the names of donors be made public to ensure transparency in the election process.
On the other hand, the government had urged the court not to interfere with the scheme during the ongoing Lok Sabha elections and decide on it once the poll process gets over. The government argues that main objective behind the electoral bonds scheme is to curb the use of black money in elections.