38.6c New Delhi, India, Monday, June 17, 2024

SC to examine if issues related to demonetisation survived

By LawStreet News Network      28 September, 2022 06:52 PM      0 Comments
SC to examine if issues related to demonetisation survived

NEW DELHI: The Supreme Court on Wednesday sought to know from those questioning the Centre's decision to demonetise currency notes of Rs 500 and Rs 1,000, in November 2016, if the issue still survived or the hearing has become an academic exercise.

A Constitution bench of Justices S Abdul Nazeer, B R Gavai, A S Bopanna, V Ramasubramanian, and B V Nagarathna posed the query to the petitioners no sooner than was the matter taken up by it.

Appearing for the Centre, Solicitor General Tushar Mehta submitted that for all practical purposes, the issue may not survive, and it would be merely an academic exercise.

However, he is ready to argue, he said.

The bench said the court was already burdened with pendency and why it should be taking up the matter for academic exercise.

A number of counsel appearing for a total of 58 petitions, on their part, claimed the issues survived and required adjudication by the top court.

The bench said there were two aspects, the validity of the action and the problem associated with the implementation of demonetisation.

The court fixed the matter for hearing on October 12 to examine whether the petitions require consideration or it has become an academic exercise.

The apex court had on December 16, 2016 referred to the Constitution Bench, the issue of validity of government's decision to demonetise currency notes of Rs 1,000 and Rs 500.

While holding that the challenge to the November 8, 2016 notification was in the arena of "public importance" as complaints of inconvenience have been brought, it had said there was a need for a direction for referring it to a larger bench for "authoritative pronouncement by five judges".

The petitioners claimed the hard-earned money of the people were  confiscated without due process of law and without granting fair opportunity to them.

Prime Minister Narendra Modi had on November 8, 2016 announced that Rs 500 and Rs 1,000 notes would no longer be a legal tender from the next day. The government, subsequently, passed several orders giving windows to the people to exchange old currency notes.

Share this article:

User Avatar

Leave a feedback about this


Trending Judiciary
Plea filed in SC for fresh NEET

Plea filed in Supreme Court seeks fresh NEET-UG 2024 exams due to alleged paper leaks and malpractices. Petitioners demand a Special Investigation Team and preventive measures.

11 June, 2024 10:49 AM
Trending Judiciary
'Plant 30 trees', Delhi HC orders senior citizen accused of outraging woman's modesty

Plant 30 trees Delhi High Court orders senior citizen accused of outraging womans modesty

11 June, 2024 11:17 AM
Trending Judiciary
No liability under NI Act for dishonoured cheques of merged banks presented after validity period [Read Order]

Allahabad High Court rules that dishonoured cheques from merged banks presented after the validity period won't attract liability under Section 138 of the NI Act.

11 June, 2024 11:29 AM
Trending Executive
Modi 3.0 Cabinet: Full list of ministers and their respective portfolios

Modi 3.0 Cabinet: Amit Shah, S. Jaishankar, Nirmala Sitharaman, and Rajnath Singh retain key roles; allies TDP, JD(U), LJP, JD(S) secure major ministries.

11 June, 2024 03:11 PM


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email