NEW DELHI: The Supreme Court will pronounce the verdict on the pleas challenging the constitutionality of demonetisation. The five-member constitution bench headed by Justice Abdul Nazeer will pronounce the verdict at 10:30 am.

The centre had earlier filed an affidavit pointing that the note ban was part of the measures to ban black money. The explanation in the affidavit is that the demonetization was not a unanimous action of the government and was implemented on the instructions of the RBI to control parallel economy.

The central government had also argued that the right of the Supreme Court to review its judgments on economic matters was limited. The centre had on November 8, 2016 banned notes of Rs 500 and 1000.