Tag: demonetisation

Justice Nagarathna Explains Why She Dissented In Demonetisation Judgment

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Justice Nagarathna spoke on her dissent on the demonetisation case. New Delhi: Supreme Court Judge BV Nagarathna has cautioned against instances of governors sitting indefinitely on bills passed by elected legislatures, referring to the case involving the Punjab Governor. In her keynote address at the inaugural session of the fifth edition of Courts and the…

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₹2,000 currency note can be deposited in RBI Issue Offices after October 7

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File picture of a bank customer depositing ₹2,000 currency note | Photo Credit: R. Ragu The Reserve Bank of India (RBI) has extended the deadline for exchange and deposit of ₹2,000 bank notes until October 7, adding that the denomination will continue to be legal tender even after the date. From October 8, individuals and…

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Business

Courts Must Refrain From Delving Into RBI’s Monetary Framework: High Court

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The court held that it cannot rely on “half-baked information” to direct a probe into RBI. (File) Mumbai: The Reserve Bank of India (RBI) plays an important role in shaping the country’s economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said while dismissing a petition alleging wrongdoing…

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