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Key points from the Supreme Court’s ruling on Electoral Bond Scheme

Supreme Court Declares Electoral Bond Scheme Unconstitutional in Unanimous Verdict On February 15, a five-judge Constitution bench of the Supreme Court delivered its judgment on a series of petitions challenging the legality of the Electoral Bond scheme, which enables anonymous funding to political parties. The apex court unanimously struck down the Electoral Bond scheme, deeming […]

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Supreme Court Strikes Down Electoral Bond Scheme as Unconstitutional, Orders Immediate Cessation and Disclosure to Election Commission

On February 15, a unanimous decision by a five-judge bench of the Supreme Court declared the electoral bond scheme unconstitutional, citing violation of Article 19 of the constitution due to non-disclosure of political party funding. The apex court’s ruling led to the nullification of provisions in the Companies Act, Income Tax Act, and Representation of […]