Justice Nagarathna said the court will not go into the merits of the decision to implement demonetisation, but it can always go into the manner it was taken, and the two things are totally different. 📰 Demonetisation: Supreme Court Says Can’t Fold Hands and Sit Because It s an Economic Policy .
A constitution bench of the Supreme Court is due to hear the matter on Thursday. In its affidavit, the Union government repeated most of the grounds it had presented before the Central Board of RBI on November 8, 2016.
The board's 591st meeting was held under the chairmanship of RBI Governor Shaktikanta Das whose tenure has been extended by three years up to December 2024.