Browsing: Electoral bonds
The State Bank of India, the largest bank in the country, submitted a compliance affidavit with the Supreme Court on…
Electoral Bond Case: Electoral Bond is an instrument in the nature of a promissory note or deliverer bond which can…
Excerpt: SC says Electoral Bonds create an information hole by allowing the donors to remain anonymous which creates a question of constitutional validity and also creates an unequal playing field. Striking down EB would not mean reverting back to the era of black money supported political campaigns. SC asks Union Government to amend the Companies Act and place a cap on profit percentage from political funding.
One of the initiatives to increase political funding transparency, a programme was announced by the government on January 2, 2018.…