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It is worth repeating that a judgment based on secret evidence is no judgment at all: it fails the most basic tests of the rule of law in a constitutional democracy.
The majority judgment noted that the move, which came six years ago, had 'reasonable nexus' with the objectives it sought to achieve and that it is 'not relevant whether the objective was achieved or not.'
The findings are contrary to what the Union government has submitted in the Supreme Court. It said that the demonetisation move was executed on the specific recommendation of the RBI’s Central Board.
The attorney general said that even if the initial objective of the exercise was not achieved, the entire policy cannot be invalidated.
The top court was hearing a batch of 58 petitions challenging the Union government's November 8, 2016 decision to demonetise currency notes of denomination of Rs 500 and Rs 1,000.