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"In its affidavit to the top court, the commission said it is in favour of transparency and when the order is issued, it will take action as directed by the SC," Kumar said
Govt unlikely to issue Ordinance
Before the amendment the Act required a company to disclose any amount contributed to any political party along with the particulars of the amount donated and the name of the receiving party
"The fact is that the CPI(M) has refused to accept electoral bonds on principle. That is why it did not even open a designated State Bank of India account," the party said
Orders EC to disclose donors, amount & recipients by March 13
Share of other sources has declined as a proportion of overall income
Top four cities account for bulk of money coming in through the scheme
Scrapping electoral bonds is an opportunity for reform
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5-judge bench of SC, comprising Chief Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, on Thursday barred SBI from any further issuance of electoral bonds
All political parties put together received more than Rs 12,000 crore till last fiscal since the introduction of the now-annulled electoral bond scheme in 2018
Electoral bonds: The Supreme Court delivered a landmark judgement on Thursday, annulling the electoral bonds scheme for political funding
An electoral Bond is a financial instrument for making donations to political parties as has been first pronounced by the Finance Minister in the Union Budget 2017-18
The NCP-Sharadchandra Pawar claimed the electoral bonds were brought into practice to solely benefit the BJP from anonymous donors
The party had declared at the outset itself that it will not accept electoral bonds as this scheme legalizes corruption, the statement read
The Election Commission should publish the information shared by SBI on its official website by March 13, the bench said
Electoral Bonds scheme verdict: On Thursday, the Supreme Court struck down the scheme and called it 'unconstitutional'
Electoral bond scheme: What it is, why it was introduced and how the controversy played out with a complete timeline of events here
The Supreme Court struck down the electoral bond scheme, saying it violates the right to information and the freedom of speech and expression under the Constitution