Demonetisation: Can't put the clock back, govt tells Supreme Court

Resisting the Supreme Court’s attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of “putting the clock back” and “unscrambling a scrambled egg”.
The remarks by Attorney General R Venkataramani came after the apex court asked the Union government to explain whether it consulted the the Central Board of Reserve Bank of India (RBI) before undertaking demonetisation of Rs 500 and Rs 1000 denomination notes in 2016.
A five-judge Constitution bench headed by Justice S A Nazeer is hearing a batch of 58 petitions challenging the demonetisation exercise.
“The only submission you have made is that these are all economic issues done by experts (so) don’t touch it. What is your opposition to the plea of the other side? Tell us what is your submission to counter their submissions. They said it is not in conformity with section 26 (2) of the RBI Act.
“You are arguing that the objective