In Photos: Demonetisation Upheld by the Supreme Court, Here's a Look Back

Here's a glimpse of what went down after PM Modi announced the decision to demonetise certain notes in 2016.

The Quint
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<div class="paragraphs"><p>Stills of&nbsp;People standing in long queues to access ATMs.</p></div>
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Stills of People standing in long queues to access ATMs.

(Photo: PTI; Altered by The Quint)

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The Supreme Court on Monday, 2 January 2023, upheld the demonetisation move taken by the central government as valid and said that it cannot be struck down.

The constitutional bench that delivered the ruling comprised Justices S Abdul Nazeer, BR Gavai, AS Bopanna, V Ramasubramanian, and BV Nagarathna.

Four out of five judges upheld the move, with Justice Nagarathna dissenting.

In light of this, here's a glimpse of what had gone down after Prime Minister Narendra Modi announced the decision to demonetise Rs 500 and Rs 1000 notes overnight, six years ago.

New Delhi: People standing in long queues to exchange their old Rs 500 and 1000 notes and withdraw cash from the ATM in New Delhi on 17 November 2016. 

(Photo: PTI)

New Delhi: People wait in long queues to exchange their old Rs 500 and Rs 1000 notes outside Reserve Bank of India in New Delhi on 15 November 2016. 

(Photo: PTI)

Gurugram: People stand in a long queue to withdraw money from an ATM in Gurugram on 10 December 2016. 

(Photo: PTI)

Ranchi: An out of order ATM in Ranchi on 11 November 2016. 

(Photo: PTI)

Patna: People queue up at an ATM in Patna on 12 November 2016.

(Photo: PTI)

New Delhi: An official shows new currency notes of Rs 500 at the State Bank of India head office in New Delhi on 13 November 2016. 

(Photo: PTI)

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Patna: People queue up at an ATM in Patna on 12 November 2016.

(Photo: PTI)

Mumbai: People queue up at Dena Bank's mobile ATM in Worli, Mumbai, on 12 November 2016. 

(Photo: PTI)

New Delhi: A youth shows new currency note of Rs 500 at a bank in New Delhi on 13 November 2016. 

(Photo: PTI)

Thiruvananthapuram: Democratic Youth Federation of India (DYFI) activists plant black flags at the Reserve Bank of India office during a protest against the demonetisation of Rs 1000 and Rs 500 notes. 

(Photo: PTI)

Mumbai: RBI displays the newly issued Rs 500 and 2000 notes at Reserve Bank of India headquarters in Mumbai on 9 November 2016.

(Photo: PTI)

Bhubaneswar: Sand artist Sudarsan Pattnaik makes a sand sculpture of the new currency notes after demonetisation in Bhubaneswar, on 14 November 2016. 

(Photo: PTI)

East Delhi: People outside a bank at Krishna Nagar in East Delhi on 12 November 2016.

(Photo: PTI)

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