Act Number: 11

Act Name: The High Denomination Bank Notes (Demonetisation) Act, 1978

Year: 1978

Enactment Date: 1978-03-30

Long Title: An Act to provide in the public interest for the demonetisation of certain high denomination bank notes and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 12: Protection of action taken in good faith.
    No suit, prosecution or other legal proceeding shall lie against the Government or any officer of the Government or against the Reserve Bank or any public sector bank or any officer of such bank for anything done or intended to be done in good faith under this Act.
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