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SC refuses to put stay on issue of electoral bonds

Date: 27 March 2021 Tags: Judiciary & Judgments
  • The Supreme Court has declined to stop the fresh sale of electoral bonds from April 1 till it decides on the validity of the instrument used for donating money to political parties.
  • A bench held that the electoral bonds were being issued periodically after a consultation with the Election Commission of India and that there was no change in circumstances that required it to put brakes on the sale at this juncture.
  • The court order came on an interim application moved by the Association for Democratic Reforms (ADR), which requested that the court restrain the sale of these bonds ahead of the assembly elections in four states and a Union Territory.