Election for the sixteenth Lok Sabha in India has recently been completed and a new government has already sworn in. Regular conduction of such elections, often leading to defeats of the political party or parties in power, is one of the major achievements of post-independent India. These largely free and fair elections have given Indian democracy a lot of credibility among its citizenry and increasingly, in the entire world. Naturally, to many other countries that want to strengthen democracy, Election Commission of India (ECI) and the legal framework within which it functions has become a kind of benchmark. Stakes in elections are typically huge and all political parties and groups are acutely aware of this fact. While the institutional framework under which elections in India are conducted are apparently sound, there is a clear scope of improvement. As the external environment changes, unsavory and criminal activities also change. In order to be effective, the regulatory process should ideally preempt those activities from actually happening and that is possible only through continuous monitoring and reforms.