The Rs 2,000 currency note, which came to life seven years ago during the demonetisation exercise, has now been called off from the official use, though it will remain legal tender after its deadline.
As Rs 2,000 notes are being withdrawn, the government has advised the people to deposit and exchange Rs 2,000 notes in the nearby banks before September 30, 2023.
During the hearing, Chidambaram contended that, "Even if this court cannot strike down demonetisation now that it has started hearing this case six years later, this court can pronounce on the decision making process and the decision."