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Supreme Court Discloses Assets of 21 Judges: A Step Towards Judicial Transparency

Written by: Team Angel OneUpdated on: May 7, 2025, 3:21 PM IST
In a landmark move, 21 Supreme Court judges, including the CJI, disclose their assets, signalling a push for greater judicial transparency and accountability.
Supreme Court Discloses Assets of 21 Judges: A Step Towards Judicial Transparency
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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.

Timing and Context: Coincidence or Statement?

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.

A Diverse Range of Assets

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.

Read More: Pakistan’s KSE-100 Crashes 5% at Open Following Operation Sindoor

Notable Highlights from Disclosures

Chief Justice Sanjiv Khanna

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.

CJI-Designate B.R. Gavai

Justice Gavai disclosed assets that include inherited property in Amravati, apartments in Mumbai and Delhi, and agricultural land holdings.

Justice Surya Kant

Among his disclosures were “3 valuable watches” and real estate in multiple cities, but he listed no vehicles or outstanding loans.

Justice Abhay S. Oka

Justice Oka holds a car loan of slightly over ₹5 lakh, indicating moderate financial liabilities.

Justice Vikram Nath

Justice Nath reported over ₹1 crore in investments but no jewellery, vehicles, or loans, reflecting a conservative asset profile.

Justice Bela M. Trivedi

She is constructing a house in Ahmedabad and owns jewellery valued at ₹50 lakh, along with a hatchback car, but has no loans.

Justices Narasimha and Viswanathan

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.

Judges Awaiting Disclosure

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 Evolution of Asset Disclosure

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.

Conclusion

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 7, 2025, 3:21 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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