Supreme Court rules political parties must submit details of political funding by May 30
The Supreme Court of India.
New Delhi: The Supreme Court, on Friday, directed all political parties to submit details of political funding received so far to the Election Commission in “sealed covers” by May 30.
A three-judge bench headed by Chief Justice of India Ranjan Gogoi, which also comprised Justice Deepak Gupta and Justice Sanjiv Khanna, ordered the parties to furnish receipts of electoral bonds with information on identity of donors and the amount in their account, to the Election Commission.
The top court, on NGO Association of Democratic Reforms’ plea seeking either a stay on the bonds or ensure transparency in the poll process, refused any interim stay on the electoral bond scheme and further directed to reduce the window of purchasing electoral bonds from 10 days to five days in April-May.
The Supreme Court also observed that “rival contentions” by the petitioners and respondents “raise weighty issues which have a tremendous bearing on the electoral process” and the matter requires detailed hearing.
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