The Supreme Court has given an important decision related to electoral bonds.
New Delhi: The Supreme Court on Friday rejected several petitions seeking a court-monitored investigation into the electoral bond scheme. A bench of Chief Justice D.Y. Chandrachud and Justice J.B. Pardiwala said that interference at this stage under Article 32 of the Constitution would be inappropriate and premature. The Supreme Court said that it cannot order an investigation into the purchase of electoral bonds on the assumption that it was a kind of transaction for awarding a contract. Let us tell you that the Electoral Bond Scheme was canceled by the Supreme Court in February this year.
The court said this while dismissing the petitions
Dismissing the petitions, the bench said, “The court considered the petitions challenging the electoral bonds as it had the aspect of judicial review. But cases involving criminal wrongdoings should not be brought under Article 32 when remedies are available under the law.” The Supreme Court was hearing petitions filed by NGOs ‘Common Cause’ and ‘Centre for Public Interest Litigation’ (CPIL) and others. The PIL filed by both the NGOs alleged a clear collusion between political parties, corporations and investigative agencies under the guise of this scheme.
The electoral bond scheme was canceled on February 15
Let us tell you that the PIL of both the NGOs had alleged ‘clear transactions’ between political parties and companies. Terming the electoral bond scheme as a ‘scam’, the petition had requested to direct the authorities to investigate the source of funding of ‘shell companies and loss-making companies’ who donated to various political parties. The five-member Constitution Bench had canceled the ‘Electoral Bond Scheme’ on February 15. The State Bank of India had shared the data with the Election Commission after the decision of the apex court, which the Commission later made public.
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