Withdrawal of Rs. 2000 notes is purely a policy matter of the Government: Delhi High Court

The Delhi High Court dismissed a Public Interest Litigation challenging the notification of the Reserve Bank of India allowing exchange of Rs. 2000 notes with notes of other denominations without identity proof, alleging that this decision encourages black money and money laundering. The Court observed that “this decision of the Government is purely a policy decision and Courts should not sit as an Appellate Authority over the decision taken by the Government.”