Nakul Dewan Those hoping for the Supreme Court of India to play Santa Clause and give an early Christmas gift in the form of an injunction against the steps taken after the November 08 demonetisation [pdf], will only be comforted by the fact that the issue has now been referred to a constitution bench of five judges. Nine questions have been referred and these can broadly be broken down into four challenging its validity, two on its actual implementation, two related to political parties and District Cooperative Banks, and one on the scope of judicial review of fiscal and economic policy. The reference […]
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