Demonetisation 'unlawful', says dissenting SC judge

The dissenting ruling goes on to state that "the proposal for demonetisation arose from the Central Government and therefore, could not be given effect to by way of issuance of a Notification as contemplated under sub-section (2) of Section 26 of the (RBI) Act, as, such provision would not apply in cases where the proposal for demonetisation has originated from the Central Government, such as the instant case".

from News-Economic Times https://ift.tt/unWDlwr

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