Disclose details of electoral bonds before May 30: SC

NEW DELHI, APR 12 (AGENCIES) | Publish Date: 4/12/2019 11:58:50 AM IST

Refusing the government’s advice to steer clear of the electoral bonds scheme of political funding, Supreme Court Friday passed interim directions, directing political parties to provide full information on each and every political donor and contributions made through electoral bonds in sealed cover to Election Commission before May 30.

Association for Democratic Reforms (ADR), an NGO filed an application in the apex court seeking stay on the Electoral Bond Scheme, 2018. 

The top court said it would examine in detail changes made in Income Tax law, electoral law and banking laws to make them in consonance with the electoral bond scheme and ensure that balance does not tilt in favour of any political party. 

It also directed the Finance Ministry to reduce the window of purchasing electoral bonds from 10 days to five days in April-May and said it would fix a date later for final disposal of petition filed by an NGO. The order was pronounced by a bench comprising Chief Justice Ranjan Gogoi and Justices Deepak Gupta and Sanjiv Khanna. 



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