Sunday, May 24, 2009

When a candidate looses his Security Deposit

This morning, while reading the daily newspaper, I noticed news which mentioned that during the current Lok Sabha Elections, as many as 1155 out 1368 candidates, who were in fray in 80 constituencies from Uttar Pradesh, lost their security deposits.

We all know about this term ‘Security Deposit’ but very few know what does it mean and what are the terms and conditions when a candidate looses his security deposit.

I was more curious because I found that many stalwarts from UP have lost their security deposits. Therefore, I thought to explore a little on what it is all about.

So what does it mean by Security Deposit?
Each candidate has to deposit a certain amount as a security deposit at the time of filing papers for an election.

For Lok Sabha Election:
As per Section 34 1 (a) of R. P. Act, 1951, every candidate is required to make a security deposit of Rs. 10,000/- (Rupees Ten Thousand Only) for Lok Sabha elections. A candidate belonging to Scheduled Caste and Scheduled Tribe is required to make a security deposit of Rs. 5,000 (Rupees Five Thousand Only).

For Assembly Election:
As per Sec. 34 (1) (b) of the R. P. Act 1951, a general candidate for contesting an Assembly election will have to make a security deposit of Rs. 5,000/-. A candidate belonging to Scheduled Caste / Tribe will have to make a security deposit of Rs. 2,500/- (Two Thousand and Five Hundred Only).
The amount deposited will either be returned back to the depositor or forfeited to the Government of India according to some conditions.
Following are the conditions when the amount would be returned back to the candidate

  • The candidate lost the polls but secured 1/6th (and at least one more vote) of the total number of valid votes polled in that election.
  • The candidate has won the election.
  • The candidate has won the election even if he/she has not secured 1/6th of the total valid votes.

Apart from this there are other general conditions in which security deposit is refunded to the candidate. For ex. if his nomination paper are found to be invalid, if he takes his name back etc.


Saturday, May 2, 2009

IPL Tournament – an exciting moment

After 2 weeks of intense cricket between 8 wildly distributed teams, IPL tournament has come down to an interesting moment where it is difficult to find which four teams would reach the final four. Look at the following points table.

Delhi Daredevils and Deccan chargers started with a bang, ran through each fixture in style and showcased that they are hard to beat. But Deccan has been beaten twice and Delhi has tasted defeat at least once so far.

Mumbai team looks equally good and apart from loosing two close games they have not done anything wrong but with 7 points in 6 matches they are not certainly sure of a birth in final four.

Rajasthan Royals, Kings XI Punjab and Bangalore have their positive and negative moments in the tournament and they need to do the hard work if they have to reach the final four.

For Chennai Supper Kings, it is simple, they have to win few big matches to remain in the tournament otherwise they should consider themselves out.

Some might not agree with me but with such a lackluster performance so far, I consider that Kolkata Night riders are out of the race and would not be in the final four. Obviously this is just a personal thought and I do not want to hurt any feelings.

I would bet that following is the equation emerging for the final four, though I should agree that it is too early to say all this:
Four teams which are most likely to reach the final four are Deccan Chargers, Delhi Daredevils, Mumbai Indians and Kings XI Punjab. Obviously, this equation might change if other four teams can show the grit to make a turnaround.

While, I am writing this, the match between Delhi Daredevils and Chennai Super kings is on and the result would have a big impact on the fortunes of Chennai Super kings. This is sort of a must win match for Chennai team. Let us find out!