The Supreme Court on Monday upheld the decision of the Central government taken in 2016 to demonetise the currency notes of Rs 500 and Rs 1000 denominations. The apex court had reserved its judgments on the batch of 58 petitions on December 7.
The Supreme Court on Monday will pronounce its verdict on a batch of petitions challenging the decision taken by the union government in 2016 to demonetise the currency notes of Rs 500 and Rs 1,000 denominations.
The Supreme Court will pronounce on January 2 its verdict on a batch of petitions challenging the decision taken by the Union government in 2016 to demonetise the currency notes of Rs 500 and Rs 1,000 denominations.
Officials of the Government Railway Police, Mathura, busted an interstate gang and arrested the kingpin, involved in printing fake currency notes with machines imported from China.
Appearing for Centre, Attorney General R Venkatramani and representing RBI, senior advocate Jaideep Gupta has defended the Centre's demonetisation decision before a five-judge constitution bench of the Supreme Court.
He also pointed out that at the time of demonetisation the currency in circulation was Rs 17.9 lakh crore and today, according to RBI, it is 32.18 lakh crore and actually the currency in circulation has increased.
The Constitution Bench of the Supreme Court on Wednesday deferred the hearing the pleas challenging the Centre's decision to demonetize currency notes of Rs. 500 and Rs 1,000 in 2016 for November 24 and said that they want to conclude the hearing on this issue this year.
The Constitution Bench of the Supreme Court on Wednesday deferred for November 24 for hearing the pleas challenging the Centre's decision to demonetize currency notes of Rs 500 and Rs 1,000 in 2016 and said that they want to conclude the hearing on this issue this year.
Speaking to ANI, Ramdas Athawale said, "Honorable Mahatma Gandhiji already has a photograph on all the currency notes but if a person's photograph is to be brought on the currency, Babasaheb Ambedkarji should have his photograph on some currency notes. Similar demand is being made from our D