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Supreme Court Strikes Down Electoral Bonds Scheme as Unconstitutional.

National | Dated: 16 Feb 2026

In a landmark verdict, a five-judge Constitution Bench of the Supreme Court of India struck down the Electoral Bonds Scheme, 2018. The court ruled that the scheme violates the Right to Information under Article 19(1)(a) and is unconstitutional. It ordered SBI to stop issuing bonds immediately.

🎯 Key Highlights:

  • The bench was led by Chief Justice of India D.Y. Chandrachud.
  • SBI was directed to submit details of bonds purchased since 2019 to the Election Commission.
  • The scheme allowed anonymous donations to political parties.

💡 Other Important Facts:

  • Verdict: Electoral Bonds Struck Down.
  • Reason: Unconstitutional.
  • Bank Involved: SBI.

📚 Test Your Knowledge:

Which financial scheme for political funding was recently declared unconstitutional by the Supreme Court of India?

Correct Answer: Electoral Bonds Scheme

🚀 Quick Recap:

About Supreme Court

  • CJI – D.Y. Chandrachud
  • Article – 124