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SC names 5-judge Constitution bench to hear pleas against electoral bonds scheme

28 Oct 2023
India
SC names 5-judge Constitution bench to hear pleas against electoral bonds scheme
As per the causelist published on the website of the apex court, a bench headed by CJI D.Y. Chandrachud and comprising Justices Sanjiv Khanna, B.R. Gavai, J.B. Pardiwala, and Manoj Misra will take up the matter for hearing on October 31.On October 16, the Supreme Court had decided to refer the pleas to a five-judge Constitution bench in view of the importance of the issue raised having regard to Article 145(4) of the Constitution.The batch of pleas challenges the electoral bonds scheme introduced by the Centre through amendments made to the Finance Act of 2017, alleging that the scheme has opened doors to unchecked funding for political parties.An electoral bond can be purchased by any individual, company, firm or association of persons provided the person or body is an Indian citizen or is incorporated or established in India. These bonds are issued specifically for the purpose of contributing funds to political parties.--IANSpds/arm

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)