DS-0012Dissents · Banking · Wanted
Open question
Could eighty-six per cent of the currency be cancelled by a notification?
Nagarathna J. in the Demonetisation Case
Scope
The dissent that demonetisation initiated by the Central Government required legislation, not a notification.
Authorities to start from
- Vivek Narayan Sharma v. Union of India, (2023) 3 SCC 1 (Nagarathna, J., dissenting)
- Reserve Bank of India Act, 1934, § 26(2)
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