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SC verdict on electoral bonds today
Hindustan Times
|February 15, 2024
THE BENCH ON NOV 2 HAD OBSERVED SERIOUS HOLES IN THE ELECTORAL BOND SCHEME AND HAD RESERVED ITS ORDER THEN
The Supreme Court will on Thursday morning deliver its verdict on a clutch of petitions that have contested the validity of the electoral bond (EB) scheme of political funding.
A five-judge Constitution bench, headed by Chief Justice of India (CJI) Dhananjaya Y Chandrachud, and comprising justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra, will rule on the legal sanctity of the EB scheme ahead of the general elections, which is expected to take place in the coming months of April and May.
The bench had on November 2 reserved its judgment in the matter even as it observed on the day that the EB scheme suffers from "serious deficiencies" and added that the Union government ought to consider designing a new tailor-made system which balances proportionality and paves the way for a level playing field instead of "putting a premium on opacity".
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