SC upholds 2016 decision on demonetisation by 4:1 majority verdict

Dissenting judge Nagarathna says 2016 note ban legally flawed

A five-judge Constitution Bench of the Supreme Court on Monday upheld the Modi government’s 2016 decision to demonetise Rs 500 and Rs 1,000 currency notes, saying the decision was about executive policy and could not be reversed.

The court rejected the 58 petitions challenging demonetisation and said the decision-making process of the government was not flawed.

The judgment, authored by Justice B R Gavai, was agreed to by judges S Abdul Nazeer, A S Bopanna, and V Ramasubramanian.

Justice B V Nagarathna faulted demonetisation in her dissenting judgment but did not quash it.

The judgment said there was consultation between