Supreme Court rejects SIT probe into electoral bonds scheme | India News

The Supreme Court on Friday rejected a batch of petitions seeking a court-monitored SIT probe into alleged quid pro quo between companies and political parties in the purchase of electoral bonds. The court said, “It will be both premature and inappropriate for the court to do so.” Earlier, in February the Supreme Court struck down the Narendra Modi government’s 2018 electoral bonds scheme of anonymous political funding. Highlighting that “the information about funding to a political party is essential for a voter to exercise their freedom to vote in an…

Opp says Megha Engg’s fine waived over electoral bonds | Mumbai News

Opposition Nationalist Congress Party (SP) on Tuesday alleged that the Maharashtra government waived fine of Rs 105 crore slapped on Megha Enginnering and Infra Corp Pvt Ltd, the company which has paid Rs 584 crore in electoral bonds to Bharatiya Janata Party (BJP). During a discussion on budget allocation, NCP (SP) MLA Jayant Patil said, “The company has been given a work of Satara-Pandharpur road for Rs 932 crore. The company was given permission for mining of 5,000 brass minerals in Khatav tehsil of Satara. However, it mined 2.45 lakh…

Plea in SC for confiscation of money received by political parties under Electoral Bonds scheme | India News

A plea has been filed in the Supreme Court seeking a direction for the confiscation of the money received by political parties under the electoral bonds scheme of 2018 that was struck down by the apex court in February. The plea filed by petitioner Khem Singh Bhati said that on February 15, in the case of Association for Democratic Reforms versus Union of India, the apex court struck down electoral bonds scheme as it was violative of Articles 14 and 19 of the Constitution. It said this court further directed…