Timeline Of Events From 2018 To 2024 – ryan

New Delhi: The Supreme Court of India Ruled Earlier Today that the Electoral Bonds Scheme Introduced by the Central Government in 2018 is unconstitutional. Supreme Court Said That The Electoral Bonds Scheme Violates the Right to Information and the Freedom of Speech and Expression.

At the time of intrusion of the scheme, the government pitched it as an alternative to cash donations made to politics as part of EFFORTS to Bring in Transparency in Political Funding.

Following is the Chronology of Events in the Case Related to Validity of the Electoral Bonds Scheme, A Mode of Funding to Political Parties, in Which a Five-Judge Constitution of the Supreme Courts Delivered A Landmark Verdict Annuling It:

2017: The Electoral Bond Scheme was Introduced in the Finance Bill.

Sep 14, 2017: NGO ‘Association for Democratic Reforms’, Lead Petioner, Moves Sc Challenging the Scheme.

OCT 03, 2017: sc issing notices to center and ec on pil filed by the ngo.

Jan 2, 2018: The Central Government Notifies The Electoral Bond Scheme.

NOV 7, 2022: The Electoral Bond Scheme was amended to Increase the Sale Days from 70 to 85 in a year where any assembly election may be scheduled.

Oct 16, 2023: Sc Bench Headed by CJI Two Chandrachud References Pleas Against the Scheme to A Five-Judge Constitution Bench.

Oct 31, 2023: A five-Judge Constitution Bench Headed by CJI Two Chandrachud Commencing Hearing on Pleas Against The Scheme.

Nov 2, 2023: SC Reserves Verdict.

Feb 15, 2024: SC Delivers Unanimous Judgement Annulling the Scheme, Saying It Violates Constitutional Right to Freedom of Speech and Expression As the Right to Information.