NEW DELHI, 21 Nov : The Former Sangh ideologue KN Govindacharya has set legal notice to the Narendra Modi-led central government for breaching RBI’s autonomy.
He also asked to pay compensation to those who have lost their lives allegedly due to the demonetisation exercise.
As per lawyer Virag Gupta, Govindacharya has sent the legal notice to Department of Economic Affairs Secretary Shaktikanta Das and RBI Governor Urjit Patel. “Government had issued notification after the recommendation of the Central Board of RBI mandating demonetisation.
Govindacharya in his legal notice has observed that centre had no power to issue notification made in the form of exemptions issued later on the use of currency already declared invalid,” Gupta said.