₹500 and ₹1000 currency notes were banned by the government in November, 2016. India SC upholds validity of 2016 demonetisation with 4-1 ruling By TNI Team January 2, 2023 demonetisation decision scsc dissenting judge note bansc on note bansupreme court on demonetisation However, a judge said that the note ban was “unlawful”. View More SC upholds validity of 2016 demonetisation with 4-1 ruling