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The Supreme Court is scheduled to pronounce its judgment on January 2 on a batch of pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations.
The attorney general said that even if the initial objective of the exercise was not achieved, the entire policy cannot be invalidated.
Senior Advocate and Former Union Minister P Chidambaram spent the day arguing before the top court that the procedure adopted by the Central government was deeply flawed.
Divan added that while secrecy of a decision like demonetisation was important, it did not mean that even a minimum impact assessment could not have been carried out.
A five-judge bench will hear the matter next on October 12.