No interest on electoral bonds: holders receive principal only; bonds do not accrue interest under the scheme. The Electoral Bond Scheme establishes that electoral bonds are non-interest-bearing instruments: no interest shall be payable on such bonds, entitling holders only to the face value/principal and precluding any accrual or payment of interest under the scheme.
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.
No interest on electoral bonds: holders receive principal only; bonds do not accrue interest under the scheme.
The Electoral Bond Scheme establishes that electoral bonds are non-interest-bearing instruments: no interest shall be payable on such bonds, entitling holders only to the face value/principal and precluding any accrual or payment of interest under the scheme.
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