The Supreme Court docket on Monday referred to a five-judge Structure bench a batch of pleas difficult the validity of the electoral bond scheme for political funding of events.
A bench comprising Chief Justice DY Chandrachud and justices JB Pardiwala and Manoj Misra mentioned they’ve obtained an utility that the matter being pressing be despatched to a bigger bench for a conclusive judgement.
The bench mentioned the matter can be taken up on 30 October, the date of the listening to fastened earlier.
Earlier, the bench had taken word of the submissions of lawyer Prashant Bhushan that the matter wanted adjudication earlier than the electoral bond scheme opens for the 2024 normal elections and had determined to repair it for a closing listening to.
There are 4 PILs pending on the problem. One of many PIL petitioners had mentioned in March that to date Rs 12,000 crore has been paid to political events by means of electoral bonds and the two-thirds of the quantity has gone to at least one main political get together.
Electoral bonds have been pitched as a substitute for money donations made to political events as a part of efforts to usher in transparency in political funding.