DEMONETISATION Valid Or Not? : Supreme Court Constitution Bench Hearing- LIVE UPDATES
LIVELAW NEWS NETWORK
24 Nov 2022 10:45 AM IST
Supreme Court Constitution Bench to hear petitions challenging the #Demonetization of Rs 500 & Rs 1000 currency notes by Central Govt in 2016.On Oct 12, the Centre was directed to file a comprehensive affidavit & disclose relevant docs.Constitution Bench comprising S Abdul Nazeer, BR Gavai, AS Bopanna, V Ramasubramanian and BV Nagarathna JJ decided to hear this case after holding that...
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Supreme Court Constitution Bench to hear petitions challenging the #Demonetization of Rs 500 & Rs 1000 currency notes by Central Govt in 2016.
On Oct 12, the Centre was directed to file a comprehensive affidavit & disclose relevant docs.
Constitution Bench comprising S Abdul Nazeer, BR Gavai, AS Bopanna, V Ramasubramanian and BV Nagarathna JJ decided to hear this case after holding that the legal issue had not become "academic".
Senior Adv and four-time Finance Minister P Chidambaram gave a brief overview of his arguments.
"Where is the application of mind?" the senior counsel asked.
On Nov 9, the Attorney-General, R. Venkataramani sought an extension for the filing of a comprehensive affidavit.
"It is embarrassing that a Constitution Bench has to adjourn like this," Bench remarked.
A week later, the Centre filed an affidavit saying 2016 demonetisation was "well-considered" and led to benefits.
FOLLOW LIVE UPDATES OF TODAY'S HEARING HERE
