The Supreme Court said the decision does not suffer from any legal flaw.New Delhi: The Supreme Court on Monday upheld the Centre’s 2016 note ban move, saying the decision-making process was not flawed merely because the procedure emanated from the government. The 4:1 majority verdict came more than six years after the Centre’s decision to demonetise the Rs 1,000 and Rs 500 denomination notes.Ruling that the decision to scrap the high-value currency notes does not suffer from any legal or constitutional flaw, the court said there was consultation between the Reserve Bank of India (RBI) and the Union government for a period of six months.Here’s the full judgment of the Supreme Court:Featured Video Of The DayDemonetisation Was Valid, Says Supreme Court, 1 Judge Disagrees
Source link
![Strange India](https://strangeindia.com/wp-content/uploads/2023/10/CleanShot-2023-10-08-at-19.47.58@2x.png)