A review petition in the Supreme Court has sought a review of a Constitution Bench judgment which struck down the electoral bonds scheme “alleging a make-believe violation of fundamental rights”.
The petition said the Parliament, where petitioner-lawyer Mathews J. Nedumpara was “symbolically present”, had ushered in the scheme through an amendment in the Finance Act to curb black money.
Admitting that the scheme would not have totally eradicated black money, the petitioner claimed it nevertheless had brought in “some element of transparency” by embracing confidentiality about donors.