"While dismissing the petition, the High Court has said it is part of a large mission against black money and upheld restrictions...It has also said when a big decision is taken in the interest of society, then certain measures are taken and they may impact some people. The court's comments are laudable," the party said in a statement.
It also attacked opposition parties, including Congress, saying their stand on the issue is irresponsible and anti-development.
As far as allegations levelled by Mamata Banerjee and Lalu Prasad against the central government are concerned, they underline their frustration and disappointment, it said.
In his order, Justice Ashok B Hinchigeri of the High Court observed that "laudable objectives" to tackle the menaces of fake currency notes, black money and terrorism cannot be achieved without imposing restrictions.
"...But in a situation of this nature, no directions, much less time-bound directions, can be given to the government of India and the RBI," he said.