Notification of Demonetisation passed in larger public interest, satisfies test of proportionality and cannot be rendered invalid merely because some citizens suffered through hardship.
Batch of writ petitions were filed, challenging the Notification issued by Central Govt. in exercise of the powers conferred by RBI Act, declaring that the bank notes of denominations of the existing series of the value of Rs. 500/- and Rs. 1000/- shall cease to be legal tender.