The electoral bonds introduced by the government, which the Supreme Court subsequently struck down, was lacking in transparency and went against the spirit of democracy.
It also failed to curb the use of black money in elections which was one of the justification for the introduction of the poll funding scheme.
This was stated by Trilochan Sastry, chairman and founder member of Association for Democratic Reforms (ADR) which was one of the petitioners that had challenged the poll funding scheme in the Supreme Court which described it as unconstitutional.