The Supreme Court today backed Centre's 2016 notes ban in a majority judgment. The five-member bench upheld demonetisation by 4 : 1 majority. The majority also held the decision to be legal. Justice BV Nagarathna gave a dissenting judgment, saying the November 8, 2016 notification was unlawful. Demonetisation: Supreme Court Upholds Central Government’s 2016 Note Ban Decision, Says 'There Was Consultation Between Centre and RBI'.

Supreme Court Upholds Centre's 2016 Note Ban:

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