A bench of Chief Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra said there is no error apparent on the face of the record.
The PILs were filed by NGOs Common Cause and the Centre for Public Interest Litigation (CPIL) which alleges an 'apparent quid pro quo' between political parties, corporations and investigative agencies.
On Manish Sisodia's bail rejection in the excise case, AAP said the party "respectfully disagrees" with the Delhi High Court's decision and will approach the Supreme Court to seek "justice" for the former Delhi deputy chief minister.
With a voter base of 96.6 crore, the nation is currently undergoing 2024 Lok Sabha election. The voting for second phase to take place on Friday (April 26) and result will be declared on June 4.
PM Modi said, out of these 16 companies, 37 per cent of the electoral bond money went to the BJP, while 63 per cent of the electoral bond money went to opposition parties that are not aligned with BJP.
Aaj Ki Baat: What did PM Modi tell on bonds?
India's number one and most followed Super Prime Time News Show, ‘Aaj Ki Baat-Rajat Sharma Ke Saath' was launched just before the 2014 general elections.
The electoral bonds scheme, introduced by the government on January 2, 2018, was presented as a substitute for cash contributions to political parties, aiming to enhance transparency in political funding. However, it has been struck down by the Supreme Court.
The Election Commission of India (ECI) on March 21 published the complete electoral bond data submitted by the State Bank of India (SBI) on the orders of the Supreme Court (SC).
PM Narendra Modi noted that if there is a trail of funds received, it is because of his government's electoral bonds system, and said that any shortcoming in this regard can be improved upon.
Electoral bonds: The BJP remained a major beneficiary of electoral bonds purchased by big corporate groups like Vedanta, Bharti Airtel, Muthoot, Baja Auto, Jindal group and TVS Motor, according to an analysis of data released by the Election Commission on Thursday (March 21).
The SBI had earlier submitted two lists to the Election Commission which were published on the website on March 14. In the information put out, names of donors, bonds purchased and the bonds encashed by the political parties.
State Bank of India (SBI) has submitted all details of electoral bonds with serial numbers to the Election Commission of India (ECI), on the directions of the Supreme Court.
On one hand, there is electoral bond issue which has been declared unconstitutional by the Supreme Court. Electoral Bonds benefitted the BJP hugely. On the other hand, the finances of the principal opposition party - the INC - are under a determined assault.
Amit Shah on electoral bonds: The Electoral Bond Scheme was a way for political parties in India to get money without revealing the donor's identity. But, the Supreme Court, in a ruling in February, struck down the Centre's Electoral Bond Scheme and ordered the SBI to stop issuing Electoral Bonds.
The Supreme Court said that it wants all information related to the Electoral Bonds to be disclosed which is in SBI possession.
Earlier, the apex court had directed the State Bank of India (SBI) to disclose the details of the bonds to the EC by the close of business hours on March 12.
The data revealed that the Biju Janta Dal (BJD) encashed electoral bonds worth Rs 944.5 crore while YSR Congress encashed Rs 442.8 crore. The details are believed to be pertaining to the period before April 12, 2019.
The Election Commission of India has published data on electoral bonds shared by the State Bank of India (SBI) on its website, dividing it into two parts. Get a detailed insight into the financial support received by major political parties.
Rahul Gandhi has slammed the Modi government a day after the Election Commission of India released the electoral bonds data on its website, shared to it by the SBI.
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