Electoral bonds: Apex Court sets ‘Lakshman Rekha’

Electoral bonds: Apex Court sets ‘Lakshman Rekha’

Agency News

New Delhi, Apr 12 : The Supreme Court on Friday asked all the political parties to submit details with respect to the donations through electoral bonds received and to be accepted till May 15 to the Election Commission of India in a sealed cover.
Headed by Chief Justice of India Ranjan Gogoi, the bench also comprised Justices Sanjiv Khanna and Deepak Gupta.
It heard submissions from the petitioner, Association of Democratic Rights (ADR) and Communist Party of India (Marxist) and the poll panel and the Union of India through Attorney-General KK Venugopal.
"All the political parties have to furnish a detailed record to the EC about their donations received through electoral bonds till May 15 and it would be furnished in sealed cover by May 31," the apex court ruled.

CJI Gogoi, writing the judgment for the bench, said all the political parties must forthwith give to EC in sealed cover details of their bank accounts in which the donations were received through electoral bonds, the name of the donors and the amounts so received till date.
"According to us, the just and proper interim direction would be to require all the political parties who have received donations through Electoral Bonds to submit to the Election Commission of India in sealed cover, detailed particulars of the donors as against each Bond," according to the verdict.
The Supreme Court also made it clear that the political parties shall furnish to the EC, the amount of each such bond and the full particulars of the credit received against each, namely, the particulars of the bank account to which the amount has been credited and the date of each such credited.