Vivek Narayan Sharma vs Union of India — Demonetisation case

Updates

1. Judgment2 Jan 2023

   Supreme Court upholds demonetisation by 4:1 majority

   Justice BV Nagarathna, in her dissenting judgement, said that the 2016 exercise was unlawful but there is no point in striking it down now.

   Explanation in simple terms

   The Supreme Court has ruled that the government acted legally when it cancelled the use of five hundred and one thousand rupee notes in 2016. By a four to one majority, the judges decided that the decision-making process followed the correct rules. This means the court has officially upheld the demonetisation policy, confirming that the government had the authority to carry out the move. The case is now closed, and the government's action remains valid.

   scroll.in
2. News2 Jan 2023

   In Notes Ban Verdict, Supreme Court Answered 6 Key Questions

   Prime Minister Narendra Modi's shock decision to ban Rs 1000 and Rs 500 notes in November 2016, was not flawed or unlawful, the Supreme Court said today in...

   Explanation in simple terms

   The Supreme Court has officially upheld the government's 2016 decision to cancel high-value currency notes. In its final ruling, the court addressed six major legal questions regarding the process used to implement the ban. The judges concluded that the government followed the correct legal procedures and had the authority to carry out the policy. This decision brings a formal end to the long-standing legal challenges against the demonetisation exercise.

   ndtv.com