Electoral Bonds Case Hearing : Live Updates From Supreme Court [Day 2]

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1 Nov 2023 10:28 AM IST

  • Electoral Bonds Case Hearing : Live Updates From Supreme Court [Day 2]

    The Supreme Court will continue hearing today a batch of petitions challenging the electoral bonds scheme.A Constitution bench comprising CJI DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra is hearing the matter. Yesterday, Adv Prashant Bhushan, for Association for Democratic Reforsm, commenced arguments for petitioners & asserted that amendments to FCRA,...

    The Supreme Court will continue hearing today a batch of petitions challenging the electoral bonds scheme.

    A Constitution bench comprising CJI DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra is hearing the matter.  Yesterday, Adv Prashant Bhushan, for Association for Democratic Reforsm, commenced arguments for petitioners & asserted that amendments to FCRA, RPA, Income Tax Act & Companies Act violated citizens' Right to information and promoted corruption. Senior Advocate Kapil Sibal, Advocate Shadan Farasat (for CPI(M)) and Advocate Nizam Pasha advanced arguments yesterday. In yesterday's proceedings, the Supreme Court also commented on the lack of control over transactions involving Electoral Bonds owing to the transferability of the bonds.

    Follow this page for live-updates from today's hearing :


    Live Updates

    • 1 Nov 2023 12:49 PM IST

      Justice Khanna: Because we have this opacity with regards to who is funding, the issue that may come up is, if there is a quid pro quo, how does anyone establishes it?

    • 1 Nov 2023 12:49 PM IST

      The petitioners have concluded their submissions.

    • 1 Nov 2023 12:45 PM IST

      CJI: You may want to reassess your position. Come to the appropriate HC and challenge specific provisions of the election law which according to you have disparate impact on parties representing Bahujan causes.

    • 1 Nov 2023 12:39 PM IST

      Counsel: Why should I not get anonymity when it is given to all political parties?

    • 1 Nov 2023 12:39 PM IST

      CJI: It's not that your party alone espouses the cause of marginalised sections. There are mainstream political parties which equally espouse the cause of marginalised groups because they depend upon them as their constituents.

    • 1 Nov 2023 12:37 PM IST

      CJI: You can receive donations, just not through electoral bonds.

      Counsel: People will definitely not come to me based on my ideology. They want to be anonymous. It affects me directly.

    • 1 Nov 2023 12:37 PM IST

      Justice Gavai: A political party must have atleast 1% votes. Tomorrow you may have 2 persons party and may claim donations.

      Counsel: That is a barrier to entry.

    • 1 Nov 2023 12:36 PM IST

      Counsel: First, there is a cap stating that only parties which secure more than 1% votes shall be eligible to receive electoral bonds. There is no rationale nexus.

    • 1 Nov 2023 12:36 PM IST

      Counsel: We represent a political party. The issue is that as a party which espouses the cause of Dalits and other marginalised people, this scheme has a more severe effect on us than other parties. There's a hostile discrimination as far as our parties are concerned.

    • 1 Nov 2023 12:31 PM IST

      Hegde: As an intervenor, I support the petitioner and I make a further case that even the law as it currently stands- your lordships can make further directions to reduce opacity.

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