SC’s ten questions on demonetisation

SC’s ten questions on demonetisation

  • Whether demonetisation notification of November 8 is ultra vires Section 26(2) and other provisions of the RBI Act?
  • Does Section 26(2) of the RBI Act itself suffer from excessive delegation of powers and therefore ultravires the Constitution?
  • Whether the November 8 notification falls foul of Articles 14 and 19 of the Constitution?
  • Whether restriction on withdrawal of legitimate funds is violative of Article 14 and 19 of the Constitution?
  • Does the implementation of the November 8 notification suffer from procedural and substantive unreasonableness?
  • Whether November 8 notification and subsequent ones are in violation of Article 300A (right to property) of the Constitution?
  • Whether the exclusion of district central co-operative banks from exchange, deposit and withdrawal of money amounts to ‘discrimination’ against them?
  • What is the scope of judicial review in matters of fiscal/economic policy?
  • Can demonetisation only be brought in by a parliamentary statute?
  • Whether writ petitions filed by political parties under Article 32 of the Constitution are maintainable?

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Jayantika Singh, IRS (IT) talks about her journey of Civil Services Exam preparation with Success Guru A.K. Mishra in the latest episode of Success Speaks. She basically belongs to Riva in Madhya Pradesh but because of her father in Army, she stayed in many cities in India.