The poll panel's submission was made before a bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar who on May 3 had asked ECI to place the regulation before it.
ECI's counsel P R Chopra informed the court that the guidelines with regard to party funds and election expenditure are under consideration before the appropriate authority and said they required some time to place it before the court.
The court was hearing an NGO's plea for implementation of the Law Commission's recommendation that a provision be enacted to monitor and regulate the expenditure by political parties during elections.
Petitioner Association for Democratic Reforms (ADR) has submitted that despite there being guidelines in place, the political parties were not abiding by them.
The petition has said that despite the Law Commission's recommendations, there is no provision yet in the Representation of the People Act and the Election Rules to monitor the poll expenses of political parties.
ADR has claimed that the existing law "does not measure up to the existing realities".
It has alleged that since the present political system is being "funded through various illegal means and also by the people and corporate agencies with vested interests, it (political system) does not seem to be inclined to give effect to the recommendations of the LC".
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
