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An FIR was recently registered against Sitharaman and other BJP leaders on the direction of a magistrate in Bengaluru.

On February 15, a Constitution Bench of the Supreme Court had unanimously quashed the Electoral Bonds Scheme. The said judgment has now been upheld.

The FIR was registered following a direction by the magistrate's court in Bengaluru that took cognisance of a complaint registered by activist Adarsh R Iyer.

The complaint alleged that BJP members including JP Nadda, in connivance with ED officers, extorted private firms and made illegal gains under the Electoral Bonds Scheme.

The petitions had sought probe into misuse of electoral bonds scheme, particularly the allegations of quid pro quo between donors and political parties.

The petitioner has also sought directions to probe illegal benefits conferred on the donors by the public authorities at the instance of political parties on account of electoral bond payments receive ...

The article discusses the electoral bonds case and the evolution of law regarding contributions to political parties by companies.

The electoral bonds scheme has been called by many as the largest scam in India so far, the petitioners have contended.

The top court had on March 18 ordered SBI to disclose all relevant information concerning electoral bonds including the alpha-numeric identification details attached to such bonds.

The CJI, who was heading the five-judge bench hearing the electoral bonds case, said that such a letter seemed to have been written for publicity and also reminded Aggarwala that he is the president o ...

The Court proceeded to order SBI to disclose all relevant information concerning electoral bonds including details of the alpha numeric numbers attached to such bonds.

The Court said that the SBI has not fully complied with the Court's order of March 11 in which it had ordered the bank to disclose all details concerning electoral bonds.