(2023) 1 SCR 261
(2023) 1 SCR 261 Click here to download PDF Read Complete Judgement below:-
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(2023) 1 SCR 1
(2023) 1 SCR 1 VIVEK NARAYAN SHARMA v. UNION OF INDIA (Writ Petition (Civil) No.906 of 2016) JANUARY 02, 2023 [S. ABDUL NAZEER, B.R. GAVAI, A.S. BOPANNA, V. RAMASUBRAMANIAN AND B. V. NAGARATHNA, JJ.] DEMONETISATION CASE HEADNOTE OF THE JUDGEMENT Demonetisation – Notification No. 3407(E) dated 8th November 2016 by which Central Government declared that the bank notes of denominations of the existing series of the value of C five hundred rupees and one thousand rupees shall cease to be legal tender with effect from 9 th November 2016 – Act or policy of ‘demonetisation’ – Interpretation of sub-section (2) of s.26 of the Reserve Bank of India Act, 1934 – Meaning of “any” series of “any” denomination – Power of the Central Government to initiate and carry out demonetisation in absence of recommendation to this effect by the Central Board of the Reserve Bank of India – Held [per B.R. Gavai, J. (for himself and for S. Abdul Nazeer, A.S. Bopanna, and V. Ramasubramanian, JJ.) (majori...