Demonetisation Case: Supreme Court Upholds Centre's 2016 Note Ban, Says 'Decision, Being Executive's Economic Policy, Cannot Be Reversed'
A five-judge Constitution bench dismissed a batch of petitions challenging the Centre's 2016 decision to demonetise Rs 500 and Rs 1000 currency notes. While announcing the verdict, the Supreme Court said that the decision, being Executive's economic policy, cannot be reversed.
The Supreme Court on Monday upheld the Central government's 2016 decision to demonetise the currency notes of Rs 500 and Rs 1000 denominations. A five-judge Constitution bench dismissed a batch of petitions challenging the Centre's 2016 decision to demonetise Rs 500 and Rs 1000 currency notes. While announcing the verdict, the Supreme Court said that the decision, being Executive's economic policy, cannot be reversed. Demonetisation: Supreme Court Says 'Can’t Fold Hands and Sit Because It's an Economic Policy'.
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A five-judge Constitution bench dismisses a batch of petitions challenging the Centre’s 2016 decision to demonetise Rs. 500 and Rs. 1000 currency notes and says the decision, being Executive's economic policy, cannot be reversed.
— ANI (@ANI) January 2, 2023
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(The above story first appeared on LatestLY on Jan 02, 2023 11:07 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
