The court said the issue requires detailed hearing and so it will announce the date for final hearing later. "We will examine in detail changes made in law and ensure balance does not tilt in favour of any party," the court said.
The top court also directed the Finance Ministry to reduce window of purchasing electoral bonds from 10 days to five days in April-May.
Association for Democratic Reforms (ADR), an NGO filed an application in the apex court seeking stay on the Electoral Bond
Scheme, 2018 which was notified by Centre in January last year. In its plea, ADR had said amendments carried out in relevant Acts have "opened the floodgates to unlimited corporate donations to political parties and anonymous financing by Indian as well as foreign companies which can have serious repercussions on the Indian democracy".
The government has defenced electoral bonds in the top court arguing the scheme was "a pioneering step" to bring poll reforms "ensuring transparency" and "accountability" in political funding.