Today, SC dismissed, Centre’s plea for seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes and any matter relating to challenge to the demonetisation issue be heard by the apex court only.
Three-judge bench headed by Chief Justice T S Thakur, Justices D Y Chandrachud and L Nageswara Rao said “We don’t want to stay it”. AG said “More than Rs 6 lakh crores have been deposited so far,” and “There is a big surge in digital use of money transaction.” He further said that the aim of demonetization is to remove the 70 years of “slush money”.
Apex Court fixed matter for December 2 and has directed the persons who are petitioners before different high courts to file their response on Centre’s transfer plea by then.
A COMPREHENSIVE WEBSITE FOR ALL LEGAL DEVELOPMENTS