Note Demonetisation
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Explainer: Why the Supreme Court upheld the legality of Modi government’s 2016 demonetisation move
In a 4:1 split, the court held that the decision to withdraw Rs 500 and Rs 1,000 notes did not violate any legal or constitutional provisions.
Umang Poddar
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Dissenting verdict on demonetisation is a ‘welcome slap’ on Centre’s wrist, says Congress
While four Supreme Court judges said that the decision cannot be struck down, Justice BV Nagarathna held the exercise was unlawful.
Scroll Staff
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Supreme Court asks Centre, RBI to produce records of demonetisation
The court has reserved its verdict on 58 pleas challenging the government’s 2016 decision to ban currencies of Rs 500 and Rs 1,000 denominations.
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Hardships faced by public cannot be seen as fault of demonetisation, Centre tells Supreme Court
The attorney general said that even if the initial objective of the exercise was not achieved, the entire policy cannot be invalidated.
Scroll Staff
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Supreme Court adjourns demonetisation hearing to November 24 after Centre fails to file affidavit
The Union government was given four weeks to file its stand, said Justice S Abdul Nazeer.
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Supreme Court says it will examine demonetisation exercise, seeks affidavit from Centre, RBI
A five-judge bench said said while it is aware of the ‘lakshman rekha’, it will still have to undertake a review of the decision-making process.
Scroll Staff
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SC to examine if pleas challenging demonetisation have become an academic exercise
A five-judge bench will hear the matter next on October 12.
Scroll Staff
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Celebrating demonetisation is like cutting a cake on a victim’s grave, says Shiv Sena
The party also called the Centre’s 2016 note ban move a ‘black chapter’ in India’s history.
Scroll Staff
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Demonetisation helped ‘crony capitalist friends’, claims Gandhi; PM calls it ‘boost to transparency’
The Congress is observing the fourth anniversary of demonetisation as ‘Vishwasghaat Diwas [Betrayal Day]’.
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Demonetisation: Sonia Gandhi says Congress will ensure India does not forget ‘Tughlaki blunder’
Former Finance Secretary Subhash Chandra Garg suggested that Rs 2,000 notes can be demonetised as a large chunk of them were not in circulation.
Scroll Staff
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RBI reveals no Rs 2,000 note printed this year as NIA says high quality fake currency has resurfaced
The move to print fewer Rs 2,000 notes is seen as an attempt to prevent hoarding of the high-value currency and curb black money.
Scroll Staff
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Demonetisation showed fake currency was a myth, says Bombay High Court
The court asked the Reserve Bank of India why it felt the need to constantly change the sizes and features of currency notes and coins.
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