HIGH DENOMINATION NOTES: GOVERNMENT ACTION MIRRORS INDUSLAW PARTNER’S 2014 OPEN LETTER

Published On: 01/11/2016

Authors:

Ran Chakrabarti
The Government of India took unprecedented action at midnight on November 8, 2016 to effectively demonetize Rs. 500 and Rs. 1,000 notes (together "High Denomination Notes") as legal tender, withdrawing them from circulation.