Centre empowered to demonetise 'all' series of bank notes under RBI Act: SC

A five-judge Constitution bench headed by Justice S A Nazeer, which upheld the Centre's 2016 demonetisation of Rs 1,000 and Rs 500 currency notes by a 4:1 majority verdict, said a statute must be construed having regard to the legislative intent.



January 02, 2023 at 11:16PM