Elections have been completed in Jammu Kashmir and HaryanaIn such a situation, the issue of refund of security deposit has once again become a topic of discussion. The provision of security deposit is important in the electoral process., Which acts as a kind of financial security for the candidates. Let us know how the candidates who lose or win the elections get the security money back and what are the rules behind it.
Why candidates have to pay security deposit?
Every candidate participating in the elections has to deposit a fixed amount as security. This amount is determined by the Election Commission and its purpose is to ensure that only serious and capable candidates contest the elections. If any candidate wants to get his/her security deposit back, Then it has to fulfill certain conditions.
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What is the process of giving security deposit?
surety amount deposit to be: Every candidate has to deposit security amount at the time of nomination. This amount may vary according to the constituency.
Election Result: When election results are declared, So candidates get the right to refund of security deposit as per their status.
WinningCandidates: If a candidate wins the election, then his security deposit is refunded in full.
LosingCandidates: If the candidate loses the election, So the rule for returning his security deposit depends on how many votes he gets.
What are the rules for losing candidates?
If the losing candidate gets less than the total votes 1/6 (or 16.67%) gets more votes than , then his security deposit is returnedIf he gets less votes than this, then his security deposit is confiscated. This rule has been implemented with the aim of ensuring that only those candidates"s1">, Who are getting real public support, only to get back your security deposit.
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