#electrolbond

SC dismisses plea by industry bodies wary of donation disclosures, highlight ‘potential adverse impact of mandating parties to breach confidentiality’

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The Supreme Court on Monday, 18th March, dismissed an application filed by Assocham, FICCI and CII opposing the pleas that sought the disclosure of the invisible alphanumeric numbers embossed on electoral bonds. These numbers would reveal the details of who including which company donated money to whom through electoral bonds. Appearing for the industry bodies was senior … Read more

Electoral Bonds: No Adani on list even as it lost 1.13 lakh crore market cap in panic selling, lottery company facing ED probe is top buyer

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The Election Commission of India on Thursday released the data of Electoral Bonds bought by various entities from the State Bank of India and the recipients of such bonds. The data was published in two sheets, one gives the detail of purchasers of the Electoral Bonds from 12 April 2019 to 11 January 2024, and the other … Read more

Electoral Bonds Scheme

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The Supreme Court on Thursday (15th February) struck down the electoral bonds scheme which was notified in 2018. The 5-judge bench ruled that the Electoral Bonds Scheme is violative of Article 19(1)(a) and the Right to Information Act and has to be struck down as unconstitutional. The Supreme Court has called for the disclosure of funding to … Read more