Finance Act 2017

A recent Supreme Court ruling can lead to serious tribunal justice reform

It is felt that declaring a particular Bill as Money Bill by the Lok Sabha Speaker must not leave any scope for doubt.

Validity of Act as Money Bill referred to a larger Bench

A five-judge Constitution bench of the apex court has doubted the correctness of the Aadhaar judgment, stating that the Aadhaar Act could not have been passed as Money Bill

A bench headed by Chief Justice Ranjan Gogoi directed the Ministry of law to conduct impact study and submit report to the apex court

The panel also sought an interim stay on the provisions of the new Act and the Rules

The govt's approach in passing the Finance Bill, 2017, without Rajya Sabha scrutiny is legally wrong