EC Reminds Political Parties To Submit Details of Electoral Bond Donations by Nov 15

New Delhi: All political parties were reminded by the Election Commission of India on Tuesday to submit details of donations received by them through electoral bonds by 5pm on November 15.

On November 2, the five-judge constitutional bench of the Supreme Court, headed by Chief Justice DY Chandrachud had directed the ECI to submit details of all electoral bonds issued since the inception of the scheme by November 19 in a sealed packet.

The ECI has directed all political parties to give details of the donors against each bond.

In its November 2 order, the top court directed the ECI to produce updated data until September 30, 2023.

According to information received through RTI requests by Commodore Lokesh Batra (Retd), electoral bonds worth Rs 14,940 crore have been sold between March 2018 and October 2023, reported The Week.

Between October 4 and October 13, right before assembly elections commenced in five states, bonds worth Rs 1,148 crore were sold of which 95.352% were sold in denomination of  Rs 1 crore each, according to The Week report.