Why demonetisation verdict is significant for India's digital currency pilot project
The court may have perhaps missed an opportunity to clarify the true extent or limits to the guarantee of the currency by the state.
Stay updated with breaking news from Demonetisation Verdict. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The court may have perhaps missed an opportunity to clarify the true extent or limits to the guarantee of the currency by the state.
As the Supreme Court gears up to deliver its judgment on the Centre’s 2016 demonetisation decision, we need to understand what it means in 2022.
Stay tuned to this space for all the latest updates on the SC verdict on demonetisation.
Demonetisation Judgement by SC: Justice BV Nagarathna, who did not agree with the four other justices, said that the process of banning Rs 1,000 and Rs 500 notes could not have been initiated by the Centre.
Justice Nagarathna also held that, like previous instances, Demonetisation could have been initiated through an Act of Parliament and not by an Executive Notification.