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 bench of the Supreme Court on Thursday delivered a landmark verdict annulling it:
2017: The electoral bond scheme was introduced in the Finance Bill.
Sept. 14, 2017: NGO 'Association for Democratic Reforms', lead petitioner, moves Supreme Court challenging the scheme.
Oct. 03, 2017: SC issues notices to Centre and Election Commission 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: Supreme Court bench headed by Chief Justice of India DY Chandrachud refers pleas against the scheme to a five-judge Constitution bench.
Oct. 31, 2023: A five-judge Constitution bench headed by Chief Justice of India DY Chandrachud commences hearing on pleas against the scheme.
Nov. 2, 2023: Supreme Court reserves verdict.
Feb. 15, 2024: Supreme Court delivers unanimous judgement annulling the scheme, saying it violates Constitutional right to freedom of speech and expression as well as the right to information.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.