Supreme Court to hear on March 24 plea against sale of electoral bonds
The Hindu
Chief Justice of India Sharad A. Bobde agreed with advocate Prashant Bhushan on Thursday to urgently hear a plea by NGO Association for Democratic Reforms to stay the sale of a new set of electoral bonds on April 1, before Assembly elections in crucial States such as West Bengal and Tamil Nadu.
Responding to an urgent mentioning made by Mr. Bhushan via video conferencing, Chief Justice Bobde said the matter would require a detailed hearing and posted the case for March 24. Mr. Bhushan said the Reserve Bank of India (RBI) and the Election Commission had both said the sale of electoral bonds had become an avenue for shell corporations and entities to park illicit money and even proceeds of bribes with political parties.
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