In a significant development for the Indian judiciary, the Supreme Court of India has made public the financial disclosures of 21 of its 33 sitting judges, including Chief Justice of India (CJI) Sanjiv Khanna. This move marks a visible shift towards transparency amid growing public demand for accountability from the nation’s top legal authorities.
The timing of the disclosures, published late on May 6, 2025, is noteworthy. The data appeared online mere hours after the Supreme Court announced the submission of a report by a 3-member inquiry committee on the half-burnt currency notes found at the residence of Justice Yashwant Varma. While not directly connected, the sequence highlights the Court’s intent to address criticisms of opacity with affirmative action.
The asset declarations reveal a wide spectrum of financial positions—from modest holdings and ongoing home loans to substantial investments and ancestral properties. The filings include details of real estate, investments, loans, insurance policies, jewellery, vehicles, and income tax returns, reflecting both inherited wealth and individual accumulation.
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CJI Khanna has declared ownership of 2 residential flats in Delhi, a share in his ancestral property, investments exceeding ₹55 lakh, a hatchback car, and a Life Insurance Corporation policy. He reported no outstanding loans.
Justice Gavai disclosed assets that include inherited property in Amravati, apartments in Mumbai and Delhi, and agricultural land holdings.
Among his disclosures were “3 valuable watches” and real estate in multiple cities, but he listed no vehicles or outstanding loans.
Justice Oka holds a car loan of slightly over ₹5 lakh, indicating moderate financial liabilities.
Justice Nath reported over ₹1 crore in investments but no jewellery, vehicles, or loans, reflecting a conservative asset profile.
She is constructing a house in Ahmedabad and owns jewellery valued at ₹50 lakh, along with a hatchback car, but has no loans.
Both elevated directly from the Bar, these judges declared substantial assets reflecting their successful legal careers. Justice Narasimha’s disclosures include nine-figure investments and six-figure jewellery, along with income tax records from FY 2008–09 to FY 2023–24. Justice Viswanathan reported 10-figure investments, nine-figure tax payments, and no liabilities.
As per the Supreme Court’s official statement, declarations from 12 judges, including Justice B.V. Nagarathna, are pending. The Court clarified that these statements would be uploaded as and when they are received.
The present move traces its roots to a 1997 Full Court Resolution led by then-CJI J.S. Verma, which urged judges to declare their assets to the CJI. In 2009, the Court resolved to publish such declarations voluntarily on its website. That same year, the Delhi High Court ruled that judicial asset disclosures fall under the ambit of the Right to Information Act, 2005.
A pivotal moment came in 2019 when a Constitution Bench, whose lead opinion was authored by Justice Sanjiv Khanna, held that asset disclosures did not violate a judge’s right to privacy if they served public interest.
While not legally mandated, this move signals a cultural shift within the judiciary towards openness. By voluntarily disclosing personal financial information, the judges of the apex court are setting a benchmark for public accountability, reinforcing the foundational democratic principle that even the highest offices must not stand above scrutiny.
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Published on: May 7, 2025, 3:21 PM IST
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