{"id":4856,"date":"2023-11-02T12:30:10","date_gmt":"2023-11-02T12:30:10","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=4856"},"modified":"2023-11-02T12:30:10","modified_gmt":"2023-11-02T12:30:10","slug":"sc-reserves-verdict-on-pleas-challenging-validity-of-electoral-bonds-scheme","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/sc-reserves-verdict-on-pleas-challenging-validity-of-electoral-bonds-scheme\/","title":{"rendered":"SC Reserves Verdict On Pleas Challenging Validity Of Electoral Bonds Scheme"},"content":{"rendered":"
NEW DELHI, Nov 2:\u00a0 Regarding\u00a0<\/span><\/span>a\u00a0<\/span>number\u00a0<\/span><\/span>of\u00a0<\/span><\/span>petitions\u00a0<\/span><\/span><\/a>contesting\u00a0<\/span><\/span>the\u00a0<\/span>legality\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>programme\u00a0<\/span><\/span>for\u00a0<\/span><\/span>financing\u00a0<\/span><\/span>political\u00a0<\/span>parties,\u00a0<\/span><\/span>the\u00a0<\/span>Supreme\u00a0<\/span>Court\u00a0<\/span><\/a><\/span>postponed\u00a0<\/span>making\u00a0<\/span><\/span>a\u00a0<\/span>decision\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Thursday.<\/span><\/span><\/span> <\/span><\/span><\/span>On\u00a0<\/span><\/span>October\u00a0<\/span>31,\u00a0<\/span><\/span>arguments\u00a0<\/span><\/span>on\u00a0<\/span><\/span>four\u00a0<\/span><\/span>petitions,\u00a0<\/span><\/span>including\u00a0<\/span>those\u00a0<\/span><\/span>submitted\u00a0<\/span><\/span>by\u00a0<\/span><\/span>Congressman\u00a0<\/span><\/span>Jaya\u00a0<\/span><\/span>Thakur,\u00a0<\/span><\/span>the\u00a0<\/span>Communist\u00a0<\/span>Party\u00a0<\/span><\/span>of\u00a0<\/span>India\u00a0<\/span><\/span>(Marxist),\u00a0<\/span><\/span>and\u00a0<\/span><\/span>the\u00a0<\/span><\/span>non-governmental\u00a0<\/span><\/span>Association\u00a0<\/span><\/span>for\u00a0<\/span><\/span>Democratic\u00a0<\/span>Reforms\u00a0<\/span><\/span>(ADR),\u00a0<\/span><\/span>were\u00a0<\/span>heard\u00a0<\/span><\/span>by\u00a0<\/span><\/span>a\u00a0<\/span><\/span>five-judge\u00a0<\/span><\/span>constitution\u00a0<\/span><\/span>bench\u00a0<\/span><\/span>that\u00a0<\/span>included\u00a0<\/span><\/span>Chief\u00a0<\/span>Justice\u00a0<\/span><\/span>D\u00a0<\/span><\/span>Y\u00a0<\/span><\/span>Chandrachud\u00a0<\/span><\/span><\/a>and\u00a0<\/span><\/span>Justices\u00a0<\/span><\/span>Sanjiv\u00a0<\/span><\/span>Khanna,\u00a0<\/span><\/span>B\u00a0<\/span><\/span>R\u00a0<\/span><\/span>Gavai,\u00a0<\/span><\/span>J\u00a0<\/span><\/span>B\u00a0<\/span><\/span>Pardiwala,\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Manoj\u00a0<\/span><\/span>Misra.<\/span><\/span><\/span><\/span><\/span><\/span>As\u00a0<\/span><\/span>part\u00a0<\/span>of\u00a0<\/span><\/span>initiatives\u00a0<\/span><\/span>to\u00a0<\/span>increase\u00a0<\/span><\/span>political\u00a0<\/span><\/span>finance\u00a0<\/span><\/span>transparency,\u00a0<\/span><\/span>the\u00a0<\/span>government\u00a0<\/span><\/span>announced\u00a0<\/span><\/span>the\u00a0<\/span>programme\u00a0<\/span><\/span>on\u00a0<\/span><\/span>January\u00a0<\/span>2,\u00a0<\/span>2018,\u00a0<\/span><\/span>and\u00a0<\/span>it\u00a0<\/span><\/span>was\u00a0<\/span>positioned\u00a0<\/span><\/span>as\u00a0<\/span><\/span>an\u00a0<\/span>alternative\u00a0<\/span><\/span>to\u00a0<\/span><\/span>financial\u00a0<\/span>contributions\u00a0<\/span><\/span>to\u00a0<\/span><\/span>political\u00a0<\/span>parties.<\/span><\/span><\/span> <\/span><\/span><\/span>Any\u00a0<\/span><\/span>Indian\u00a0<\/span><\/span>individual\u00a0<\/span><\/span>or\u00a0<\/span><\/span>organisation\u00a0<\/span><\/span>incorporated\u00a0<\/span><\/span>or\u00a0<\/span><\/span>founded\u00a0<\/span><\/span>in\u00a0<\/span>India\u00a0<\/span><\/span>may\u00a0<\/span>purchase\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>in\u00a0<\/span>accordance\u00a0<\/span><\/span>with\u00a0<\/span>the\u00a0<\/span><\/span>scheme’s\u00a0<\/span><\/span>terms.<\/span><\/span><\/span> <\/span><\/span><\/span>Election\u00a0<\/span><\/span>bonds\u00a0<\/span><\/span>may\u00a0<\/span>be\u00a0<\/span><\/span>purchased\u00a0<\/span><\/span>individually\u00a0<\/span><\/span>or\u00a0<\/span>in\u00a0<\/span><\/span>combination\u00a0<\/span><\/span>with\u00a0<\/span><\/span>other\u00a0<\/span>people.<\/span><\/span><\/span> <\/span><\/span><\/span>Electoral\u00a0<\/span><\/span>bonds\u00a0<\/span><\/span>can\u00a0<\/span>only\u00a0<\/span>be\u00a0<\/span>obtained\u00a0<\/span><\/span>by\u00a0<\/span><\/span>political\u00a0<\/span>parties\u00a0<\/span><\/span>that\u00a0<\/span><\/span>are\u00a0<\/span>registered\u00a0<\/span><\/span>under\u00a0<\/span><\/span>Section\u00a0<\/span>29A\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>Representation\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>People\u00a0<\/span>Act,\u00a0<\/span>1951,\u00a0<\/span><\/span>and\u00a0<\/span>that\u00a0<\/span><\/span>have\u00a0<\/span>garnered\u00a0<\/span><\/span>at\u00a0<\/span>least\u00a0<\/span><\/span>1%\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>votes\u00a0<\/span><\/span>cast\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>most\u00a0<\/span><\/span>recent\u00a0<\/span><\/span>election\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>Lok\u00a0<\/span>Sabha\u00a0<\/span><\/span>or\u00a0<\/span><\/span>a\u00a0<\/span>state\u00a0<\/span><\/span>legislative\u00a0<\/span><\/span>Assembly.<\/span><\/span><\/span><\/span><\/span><\/span>The\u00a0<\/span>announcement\u00a0<\/span><\/span>states\u00a0<\/span>that\u00a0<\/span><\/span>a\u00a0<\/span>political\u00a0<\/span>party\u00a0<\/span><\/span>that\u00a0<\/span><\/span>qualifies\u00a0<\/span><\/span>may\u00a0<\/span>only\u00a0<\/span><\/span>cash\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>through\u00a0<\/span><\/span>an\u00a0<\/span>account\u00a0<\/span><\/span>with\u00a0<\/span><\/span>a\u00a0<\/span>bank\u00a0<\/span><\/span>that\u00a0<\/span><\/span>has\u00a0<\/span>been\u00a0<\/span><\/span>licenced.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>April\u00a0<\/span>2019,\u00a0<\/span><\/span>the\u00a0<\/span>Supreme\u00a0<\/span>Court\u00a0<\/span><\/span>rejected\u00a0<\/span><\/span>the\u00a0<\/span><\/span>Centre’s\u00a0<\/span><\/span>request\u00a0<\/span><\/span>to\u00a0<\/span>halt\u00a0<\/span><\/span>the\u00a0<\/span>electoral\u00a0<\/span><\/span>bonds\u00a0<\/span><\/span>scheme\u00a0<\/span><\/span>and\u00a0<\/span><\/span>declared\u00a0<\/span><\/span>that\u00a0<\/span>it\u00a0<\/span><\/span>would\u00a0<\/span>give\u00a0<\/span><\/span>the\u00a0<\/span>pleas\u00a0<\/span><\/span>a\u00a0<\/span>thorough\u00a0<\/span>hearing\u00a0<\/span><\/span>because\u00a0<\/span><\/span>the\u00a0<\/span>Election\u00a0<\/span>Commission\u00a0<\/span><\/span>and\u00a0<\/span><\/span>the\u00a0<\/span>Centre\u00a0<\/span><\/span>had\u00a0<\/span>brought\u00a0<\/span><\/span>up\u00a0<\/span><\/span>“weighty\u00a0<\/span><\/span>issues”\u00a0<\/span><\/span>that\u00a0<\/span><\/span>had\u00a0<\/span>a\u00a0<\/span><\/span>“tremendous\u00a0<\/span><\/span>bearing\u00a0<\/span><\/span>on\u00a0<\/span><\/span>the\u00a0<\/span>sanctity\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>electoral\u00a0<\/span>process\u00a0<\/span><\/span>in\u00a0<\/span>the\u00a0<\/span><\/span>country.”<\/span><\/span><\/span> <\/span><\/span><\/span><\/div>\n
\n
\"SC
SC Reserves Verdict On Pleas Challenging Validity Of Electoral Bonds Scheme<\/figcaption><\/figure>\n<\/div>\n
<\/div>\n
<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, Nov 2:\u00a0 Regarding\u00a0a\u00a0number\u00a0of\u00a0petitions\u00a0contesting\u00a0the\u00a0legality\u00a0of\u00a0the\u00a0electoral\u00a0bonds\u00a0programme\u00a0for\u00a0financing\u00a0political\u00a0parties,\u00a0the\u00a0Supreme\u00a0Court\u00a0postponed\u00a0making\u00a0a\u00a0decision\u00a0on\u00a0Thursday. On\u00a0October\u00a031,\u00a0arguments\u00a0on\u00a0four\u00a0petitions,\u00a0including\u00a0those\u00a0submitted\u00a0by\u00a0Congressman\u00a0Jaya\u00a0Thakur,\u00a0the\u00a0Communist\u00a0Party\u00a0of\u00a0India\u00a0(Marxist),\u00a0and\u00a0the\u00a0non-governmental\u00a0Association\u00a0for\u00a0Democratic\u00a0Reforms\u00a0(ADR),\u00a0were\u00a0heard\u00a0by\u00a0a\u00a0five-judge\u00a0constitution\u00a0bench\u00a0that\u00a0included\u00a0Chief\u00a0Justice\u00a0D\u00a0Y\u00a0Chandrachud\u00a0and\u00a0Justices\u00a0Sanjiv\u00a0Khanna,\u00a0B\u00a0R\u00a0Gavai,\u00a0J\u00a0B\u00a0Pardiwala,\u00a0and\u00a0Manoj\u00a0Misra.As\u00a0part\u00a0of\u00a0initiatives\u00a0to\u00a0increase\u00a0political\u00a0finance\u00a0transparency,\u00a0the\u00a0government\u00a0announced\u00a0the\u00a0programme\u00a0on\u00a0January\u00a02,\u00a02018,\u00a0and\u00a0it\u00a0was\u00a0positioned\u00a0as\u00a0an\u00a0alternative\u00a0to\u00a0financial\u00a0contributions\u00a0to\u00a0political\u00a0parties. Any\u00a0Indian\u00a0individual\u00a0or\u00a0organisation\u00a0incorporated\u00a0or\u00a0founded\u00a0in\u00a0India\u00a0may\u00a0purchase\u00a0electoral\u00a0bonds\u00a0in\u00a0accordance\u00a0with\u00a0the\u00a0scheme’s\u00a0terms. Election\u00a0bonds\u00a0may\u00a0be\u00a0purchased\u00a0individually\u00a0or\u00a0in\u00a0combination\u00a0with\u00a0other\u00a0people. Electoral\u00a0bonds\u00a0can\u00a0only\u00a0be\u00a0obtained\u00a0by\u00a0political\u00a0parties\u00a0that\u00a0are\u00a0registered\u00a0under\u00a0Section\u00a029A\u00a0of\u00a0the\u00a0Representation\u00a0of\u00a0the\u00a0People\u00a0Act,\u00a01951,\u00a0and\u00a0that\u00a0have\u00a0garnered\u00a0at\u00a0least\u00a01%\u00a0of\u00a0the\u00a0votes\u00a0cast\u00a0in\u00a0the\u00a0most\u00a0recent\u00a0election\u00a0for\u00a0the\u00a0Lok\u00a0Sabha\u00a0or\u00a0a\u00a0state\u00a0legislative\u00a0Assembly.The\u00a0announcement\u00a0states\u00a0that\u00a0a\u00a0political\u00a0party\u00a0that\u00a0qualifies\u00a0may\u00a0only\u00a0cash\u00a0electoral\u00a0bonds\u00a0through\u00a0an\u00a0account\u00a0with\u00a0a\u00a0bank\u00a0that\u00a0has\u00a0been\u00a0licenced. In\u00a0April\u00a02019,\u00a0the\u00a0Supreme\u00a0Court\u00a0rejected\u00a0the\u00a0Centre’s\u00a0request\u00a0to\u00a0halt\u00a0the\u00a0electoral\u00a0bonds\u00a0scheme\u00a0and\u00a0declared\u00a0that\u00a0it\u00a0would\u00a0give\u00a0the\u00a0pleas\u00a0a\u00a0thorough\u00a0hearing\u00a0because\u00a0the\u00a0Election\u00a0Commission\u00a0and\u00a0the\u00a0Centre\u00a0had\u00a0brought\u00a0up\u00a0“weighty\u00a0issues”\u00a0that\u00a0had\u00a0a\u00a0“tremendous\u00a0bearing\u00a0on\u00a0the\u00a0sanctity\u00a0of\u00a0the\u00a0electoral\u00a0process\u00a0in\u00a0the\u00a0country.”<\/p>\n","protected":false},"author":2,"featured_media":4857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[67,89,54],"tags":[],"class_list":["post-4856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-header","category-national","category-political"],"gutentor_comment":0,"yoast_head":"\nSC 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