The Supreme Court said it has the power to review the decision for demonetisation . Justice BV Nagarathna said the judiciary cannot fold its hands and sit because it is an economic policy decision .
The Supreme Court said on Tuesday that it has the power to review the manner in which the decision for demonetisation was taken, adding that the judiciary can't fold its hands and sit because it is an economic policy decision, according to Justice BV Nagarathna, who has defended the 2016 demonetisation initiative.However, the court should look at ways and choices involved in making decisions.In an additional affidavit, RBI counsel HS Parihar argued that the petitioners failed to establish any procedural grounds that relevant factors were not considered and that irrelevant factors were taken into account.RBI counsel said in an affidavit that the Central Board of the RBI, which was also represented by Advocate on Record Kuldeep Parihar and Ikshita Parihar, declared that the remainder