264+ Lawyers are online 
Demonetisation affects
17-Nov-2023 (In Civil Law)
Does demonetisation violates right to trade? are there any options available to local traders to revolt against this, what are my leagl rights?
The government has the right to determine economic policies of the country and falls within reasonable restriction under Article 19. Also, petitions filed before the High Courts and the Supreme Court have already been dismissed. Unfortunately, there is no legal remedy. The only remedy is your right to vote which you can exercise for or against the govt in elections because of their policies.
Helpful?
23+
23+
Demonetisation does not violate any of your fundamental rights. Moreover it is a policy matter and courts dont interfere in policy matters of the government. Under RBI Act the central government has the power to stop, regulate any currency note or coins.
Helpful?
25+
25+
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Civil lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
