Association For Democratics Reforms vs Union Of India

The Supreme Court examined the constitutionality of the Electoral Bond Scheme, focusing on the right to information under Article 19(1)(a) and the implications of non-disclosure of political funding. The Court held that while the right to informational privacy is significant, it must be balanced against the voter's right to information, establishing a double proportionality standard. The validity of Sections 11 and 137 of the Finance Act, as well as the amendment to Section 182(3) of the Companies Act, was upheld, emphasizing the need for transparency in electoral financing.