Electoral Bonds Case Hearing : Live Updates From Supreme Court

Farasat: This (Art 326) when read with 19(1)(a) envisages an informed electorate.

Farasat: Under Art 326, there is guaranteed adult franchise. It defines what an electorate is...

Farasat: Under Art 326, there is guaranteed adult franchise. It defines what an electorate is...

Farasat: One of the tests for arbitrariness is that it is absent a determining principle. Here, the stated determining principle is contrary to what the scheme actually does or intends to do.

Farasat: At the cost of disclosed white money, if you're bringing in undisclosed money channel...this scheme takes away non anonymous money and puts it in anonymous money.

Farasat takes the bench through collated data on donors of political parties.

Farasat takes the bench through collated data on donors of political parties.

Farasat: Parties which were getting 70-75% of their political disclosed contribution from cheque, bank, RTGS- are now getting 20%, 15%. The EB scheme has taken over at the cost of white channel.

Farasat: My submission is that it is not to attack the black money. It is to attack the disclosed white channel.

Justice Khanna: The argument is that they're trying to ween away from cash. We can't say that this attempt shouldn't be made

Farasat: There was earlier a black channel. Now you've created an anonymous white channel.

Farasat: Union says that we're trying to transfer what is there in the cash economy into this. My submission is that that is not possible. It's not even possible even if you bar or prohibit it unless the cash economy itself ceases to operate