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Ceiling on net borrowing: SC refers Kerala govt s suit to five-judge Constitution bench

In an original suit filed under Article 131 of the Constitution, the Kerala government has said the Constitution bestows fiscal autonomy upon states to regulate their finances under various articles, and the borrowing limits or the extent of such borrowings are regulated by state legislation.

Constitutional Mandate To Conduct Municipal Elections Cannot Be Put On Hold Without Justifiable Ground: Punjab & Haryana High Court

The Punjab and Haryana High Court today held that the constitutional mandate to conduct elections of various bodies including Municipal Corporation, cannot be "put on hold" without any "justifiable.

SBI authorised to issue, encash electoral bonds through 29 branches, sale to start from Tuesday

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