Electoral bond scheme struck down as unconstitutional by the Supreme Court

A five-judge SC bench unanimously strikes down Centre's electoral bonds scheme

Electoral bonds scheme violates Article 19 of the constitution, says SC

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SC directs SBI to stop issuing electoral bonds

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SBI directed to submit details of electoral bond purchases, encashment by political parties to Election Commission

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Election Commission to publish all the details in its website by March 13

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SC electoral bonds order levels the playing field, say bankers, legal experts

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Congress leaders reaction

-Rahul Gandhi said , “Another proof of Narendra Modi’s corrupt policies is in front of you. BJP had made electoral bonds a medium for taking bribe and commission. Today this matter has been approved.” “The Supreme Court has held the much-touted Electoral Bonds scheme of the Modi Sarkar as violative of both laws passed by Parliament as well as the Constitution of India. The long-awaited verdict is hugely welcome and will reinforce the power of votes over notes,” said Jairam Ramesh “We welcome the decision of the Supreme Court today, which has struck down this Black Money Conversion scheme of the Modi Government, calling it unconstitutional,” Kharge