Courts should refrain from delving into RBI’s monetary regulatory framework, says Bombay HC

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A division bench of Justices A S Gadkari and Sharmila Deshmukh on September 8 dismissed the petition filed by Manoranjan Roy, who claimed to be a tax volunteer, seeking an independent investigation to inquire into alleged wrongful activity and action by certain RBI officials during the demonetisation of Rs 500 and Rs 1,000 currency notes.

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