Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.

The Supreme Court will rule on petitions challenging demonetisation on January 2

The Supreme Court is slated to announce its ruling on a group of petitions contesting the government’s 2016 move to demonetize Rs 1,000 and Rs 500 notes on January 2.

On that date, a five-judge Constitution bench led by Justice S. A. Nazeer, who will retire on January 4, is anticipated to render a decision on the subject.

On December 7, the apex court ordered the Centre and the Reserve Bank of India (RBI) to submit the necessary records about the government’s 2016 decision and reserved its ruling.

The panel, which also included justices B R Gavai, A S Bopanna, V Ramasubramanian, and B V Nagarathna, heard arguments from Attorney General R Venkataramani, the RBI’s counsel, and the petitioners’ attorneys, including senior advocates P Chidambaram and Shyam Divan.

Chidambaram had claimed that the government cannot undertake any proposal pertaining to legal tender without the opinion of the RBI’s central board, describing the decision to remove the Rs 500 and Rs 1,000 currency notes as severely wrong.

The government resisted the supreme court’s attempt to examine the 2016 demonetisation exercise, arguing that the court cannot determine a case when no actual relief can be offered by “turning back the clock” or “unscrambling an egg.”

The RBI had previously acknowledged in its arguments that there were “temporary hardships” and that they are an inherent part of the process of nation-building, but that there was a system for resolving the problems that developed.

The Centre recently stated in an affidavit to the apex court that the demonetisation exercise was a “well-considered” decision and part of a bigger strategy to address the menace of counterfeit currency, terror financing, black money, and tax evasion.

The Supreme Court was hearing 58 petitions challenging the Centre’s announcement of demonetization on November 8, 2016.



Hi, my name is Nisha and I'm an educational journalist based in India. I've always been passionate about the power of education to transform lives, and that's what led me to pursue a career in journalism focused on this area. I completed my Bachelor's degree in English from Hindu College in Delhi in 2013 and then went on to earn my Master's in Journalism and Mass Communication from the Indian Institute of Mass Communication in 2017. During my studies, I also completed several short-term courses on Education in India, Sociology, and other related subjects to deepen my knowledge in this field. I'm particularly interested in improving access to quality education in rural areas, where students often face significant challenges. I've worked on a number of initiatives to address this issue, including advocating for better policies, resources, and practices that can make a difference. As an educational journalist, I'm passionate about using my platform to highlight important issues in the education space. I've covered a wide range of topics, including the impact of technology in the classroom, innovative approaches to teaching and learning, and the challenges facing students from marginalized communities. One of the things I love most about my work is the opportunity to constantly learn and grow. I'm an avid reader and believe that reading is key to expanding one's knowledge and perspective. I'm always seeking out new ideas and insights to help me better understand the world around me. In summary, as an educational journalist, I'm dedicated to using my skills and expertise to make a positive impact in the field of education. I'm committed to improving access to quality education for all students and to using my platform to raise awareness about important issues in this area.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button