During the hearing, a five-judge bench, headed by Justice S.A. Nazeer, noted that the court is aware of its Lakshman Rekha on judicial review of government policy. The
The Supreme Court on Wednesday asked the Centre and the RBI to file comprehensive affidavits on the 2016 demonetisation decision and also keep the files ready in connection with Centre s letter to the RBI, the decision of the RBI Board, and the demonetisation announcement.
The Supreme Court on Wednesday asked the Centre and the RBI to file comprehensive affidavits on the 2016 demonetisation decision and also keep the files ready in connection with Centre's letter to the RBI, the decision of the RBI Board, and the .
The High Denomination Bank Notes (Demonetisation) Act was passed in 1978 to provide in the public interest for the demonetisation of certain high denomination bank notes in order to check the illicit transfer of money harmful to the economy which such currency notes facilitate.