Bond validity limits electoral bonds to a short validity period; late deposits invalidate payment while same-day crediting is required. Electoral bonds must be deposited within a fixed short-term validity period to be payable; bonds deposited after expiry are not payable. Valid bonds deposited by a political party must be credited to the party's account on the same day.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bond validity limits electoral bonds to a short validity period; late deposits invalidate payment while same-day crediting is required.
Electoral bonds must be deposited within a fixed short-term validity period to be payable; bonds deposited after expiry are not payable. Valid bonds deposited by a political party must be credited to the party's account on the same day.
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