SC To Take Up Pleas Filed On Demonetisation After Summer Vacations
New Delhi: The Supreme Court made it clear that it would examine the petitions on demonetisationA�on Tuesday. A batch of pleas was filed in the apex court to give another opportunity to exchange the old notes. A Bench comprising of Chief Justice Khehar, Justice Chandrachud, and Justice SK Kaul said that they would take up these petitions after summer holidays.A� As the advocate for the government sought some time for the Centre to respond, the court has taken this decision.
Ita��s a known fact that Prime Minister Narendra Modi took the sensational decision of banning Rs. 500 and Rs. 1000 notes last November. The government has set a deadline till December 31, 2016, to exchange old notes. However, some people and organisations pleaded with the court that they could not deposit the old notes due to some personal problems and asked the court to set a grace period as in the case of NRIsa��.
The apex court which has taken up the issue recently sought the response of the Centre. Saying that since ita��s a conscious decision it would not be possible legally to give a grace period, the Centre filed an affidavit.
As the petitionera��s advocate sought time to respond to the centrea��s decision, the apex court made it clear that the issue can be taken up only after summer holidays.