Senior Advocate P Chidambaram Challenging Demonetisation in Supreme Court of India | Live Proceeding
The Bench laid out a series of issues for the Constitution Bench to deal with:
Does the demonetisation scheme abide by the provisions of the Reserve Bank of India Act, 1934?
Do the limits on withdrawing cash violate the Rights to Equality and Livelihood?
Was the scheme implemented in an unreasonable manner which violated the Rights to Equality and Livelihood?
To what extent can the SC review a scheme relating to the fiscal and economic policy of the government?
Many other petitions challenging the demonetisation scheme have been filed at the SC since the case was referred to a Constitution Bench. These petitions have been tagged with the main challenge to the scheme but the case was not heard until 2022.
A 5-Judge Constitution Bench led by Justice Abdul Nazeer and comprising Justices B.R. Gavai, A.S. Bopanna, V. Ramasubramanian, and B.V. Nagarathna heard the case on September 28th, 2022. Justice Nazeer commented that the case may have become outdated since it was first filed.
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