#SupremeCourt to pronounce the judgement on petitions challenging #demonetisation today at 10.30 AM.A constitution bench had heard the pleas questioning the decision taken by Central Govt in Nov 2016 to demonetise currency notes of Rs. 500 and...
#SupremeCourt to pronounce the judgement on petitions challenging #demonetisation today at 10.30 AM.
A constitution bench had heard the pleas questioning the decision taken by Central Govt in Nov 2016 to demonetise currency notes of Rs. 500 and Rs.1000.
Live Updates
2023-01-02 04:58:17
2 Jan 2023 10:56 AM IST
Justice Gavai : There has to be great restraint in matters of economic policy. Court cannot supplant the wisdom of executive with its wisdom.
2 Jan 2023 10:56 AM IST
Justice Gavai - The Central Govt is required to take the action after the consultation with the Central Board and there is an inbuilt safeguard.
2 Jan 2023 10:55 AM IST
Justice Gavai - Delegation is made to Central Govt which is answerable to Parliament which in turn is answerable to the citizen of the country.
2 Jan 2023 10:54 AM IST
Justice Gavai -Interpretation which leads to absurdity must be avoided. The purposes of the Act must be considered while interpretation.
2 Jan 2023 10:53 AM IST
Justice Gavai - Restrictive meaning cannot be given to word "any" in Section 26(2) of RBI Act. The modern trend is of pragmatic interpretation.
2 Jan 2023 10:51 AM IST
Justice Gavai - Whether the impugned notification dated Nov 8 2016 is liable to struck down on the ground of proportionality.
2 Jan 2023 10:51 AM IST
Justice Gavai reading out the issues framed- Whether the power under Section 26(2) RBI Act can be used for the whole series?
2 Jan 2023 10:50 AM IST
Though initially 9 issues were framed, we have reframed 6 issues.
2 Jan 2023 10:49 AM IST
Bench assembled
Justice Gavai reading his judgement
2 Jan 2023 10:32 AM IST
Demonetisation verdict : As per the cause-list, there are two separate judgments by Justices BR Gavai and BV Nagarathna.
