{"id":286722,"date":"2023-03-13T09:00:37","date_gmt":"2023-03-13T03:30:37","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=286722"},"modified":"2023-03-10T16:50:19","modified_gmt":"2023-03-10T11:20:19","slug":"2023-scc-vol-3-part-1","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/03\/13\/2023-scc-vol-3-part-1\/","title":{"rendered":"2023 SCC Vol. 3 Part 1"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<div style=\"background-color: #e6eeff; border-bottom: 1px solid black; border-bottom-style: dashed;\">\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Debt, Financial and Monetary Laws &#8212; Monetary Laws and Norms &#8212; Demonetisation 2016 &#8212; Demonetisation of Rs 500 and Rs 1000 currency notes of existing and any older series in circulation &#8212; Decision-making process &#8212; Validity, rationality, reasonability and non-arbitrariness: <\/span>Initiation of the proposal of demonetisation by the Central Government and its decision to implement it in exercise of its executive powers under S. 26(2) of the RBI Act, held (per majority), valid, rational and reasonable and not arbitrary. [<i>Vivek Narayan Sharma (Demonetisation Case-5 J.)<\/i> v. <i>Union of India<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/49ris8H0\">(2023) 3 SCC 1<\/a>]<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Debt, Financial and Monetary Laws &#8212; Monetary Laws and Norms &#8212; Demonetisation 2016 &#8212; Demonetisation of Rs 500 and Rs 1000 currency <\/p>\n","protected":false},"author":67011,"featured_media":286723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,16],"tags":[20201,52977,34706],"class_list":["post-286722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casesreported","category-supremecourtcases","tag-central-government","tag-financial-and-monetary-laws","tag-rbi-act"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast 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