Delhi HC dismisses plea difficult determination over Rs 2,000 banknote change

By way of PTI

NEW DELHI: The Delhi Prime Courtroom on Monday pushed aside a plea difficult notifications enabling the change of Rs 2,000 foreign money notes with none requisition slip and ID evidence.

A bench of Leader Justice Satish Kumar Sharma and Justice Subramonium Prasad rejected the petition, which has challenged the notifications by means of the RBI and SBI enabling the change of Rs 2,000 banknotes with out requisition slip and id evidence.

An in depth order is awaited.

Petitioner and suggest Ashwini Kumar Upadhyay submitted that a considerable amount of foreign money has reached both a person’s locker or has “been hoarded by means of separatists, terrorists, Maoists, drug smugglers, mining mafias and corrupt folks”.

The plea submitted that the notifications had been arbitrary, irrational and offend Article 14 of the Charter.

The Reserve Financial institution of India (RBI) has defended earlier than the prime court docket its notification, announcing it isn’t demonetisation however a statutory workout.

NEW DELHI: The Delhi Prime Courtroom on Monday pushed aside a plea difficult notifications enabling the change of Rs 2,000 foreign money notes with none requisition slip and ID evidence.

A bench of Leader Justice Satish Kumar Sharma and Justice Subramonium Prasad rejected the petition, which has challenged the notifications by means of the RBI and SBI enabling the change of Rs 2,000 banknotes with out requisition slip and id evidence.

An in depth order is awaited.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );

Petitioner and suggest Ashwini Kumar Upadhyay submitted that a considerable amount of foreign money has reached both a person’s locker or has “been hoarded by means of separatists, terrorists, Maoists, drug smugglers, mining mafias and corrupt folks”.

The plea submitted that the notifications had been arbitrary, irrational and offend Article 14 of the Charter.

The Reserve Financial institution of India (RBI) has defended earlier than the prime court docket its notification, announcing it isn’t demonetisation however a statutory workout.