NEW DELHI: In search of a relook of the SC’s verdict on electoral bonds, SC Bar Affiliation chief Adish C Aggarwala Tuesday wrote to President Murmu requesting her to hunt presidential reference on the ruling. Revealing names of contributing corporates would render them weak to victimisation, he contended. Later, an advocate posted on X a decision purportedly handed by SCBA and signed by its honorary secretary Rohit Pandey that stated “members of the executive committee have neither authorised the president to write any such letter nor do they subscribe to his views”. Disclosing such delicate data, that too retrospectively, will lead to a chilling impact on company donations and participation in democratic course of,” Aggarwala wrote. “The opportunity of them (corporates) being singled out by events that had acquired much less contribution from them, and harassed can’t be dominated out if names of corporates and their quantum of contributions to events are revealed. This will probably be reneging on promise given to them whereas accepting their voluntary contributions,” he wrote. Electoral bond scheme came into effect due to provisions of Finance Act, 2017, he said, adding “It might be perverse to doubt legislative intention behind this scheme… If we implement this judgment retrospectively, releasing all delicate data, it is going to shatter fame the nation enjoys in worldwide enviornment.” SCBA chief concluded in his letter to President Murmu, “I request you to withhold enforcement of SC ruling in electoral bonds case by searching for presidential reference.”
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