All the reservations expressed in the affidavit, the ECI said, have already been conveyed to the law ministry through a letter written in May 2017.
The ECI’s affidavit came as a part of its report to a Public Interest Litigation (PIL) moved by non-government organisation Association for Democratic Reforms. The PIL has sought quashing of the amendments made to the Finance Act of 2017, which allows donations through electoral bonds, among others.
In its affidavit to the top court, the ECI has also expressed reservations to the changes made in the Finance Act of 2016 which allowed donations to be received from foreign companies that have majority stake in Indian companies.
“This is a change from the existing law which barred donations from all foreign sources as defined under the Foreign Contribution Regulation Act. This would allow unchecked foreign funding of political parties in India which could lead to Indian policies being influenced by foreign companies,” the ECI has said in the affidavit.