The Supreme Court docket right now upheld the legality of the demonetisation course of.
New Delhi:
The Supreme Court docket right now upheld the demonetisation of Rs 1,000 and Rs 500 foreign money notes. Justice BV Nagarathna dissented because the 4 different judges of the five-judge bench dominated in favour of the Centre’s 2016 train.
Listed below are the highest 5 quotes of the Supreme Court docket:
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It isn’t related whether or not the target was achieved or not.
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We have now held that there was an inexpensive nexus with the goals sought to be achieved.
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The choice-making course of can’t be faulted merely as a result of the proposal emanated from the Centre.
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Demonetisation train can’t be struck down on the grounds of proportionality.
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The interval prescribed of 52 days for the trade of notes can’t be stated to be unreasonable.
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