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SC Asks Center to Give Last Chance to Deposit old Notes in Banks

Prohibition Note: Let people pay old notes with real reasons, South Carolina says Gov.

Center has two weeks to respond; Apex court said that people can not suffer.

Demonization: SC requests Center to give another chance of real cases.

The Supreme Court of Petitions challenging the notice of hearing from the government that allowed citizens to deposit old tickets.

The Supreme Court asked the Center to give a real chance.

SC Asks Center to Give Last Chance to Deposit old Notes in Banks

You can get really earned money from a person: SC gives Center two weeks to decide another chance to throw out the old notes.

You can not take possession of someone as people collapse the banned notes with real reasons, SC says Govt.

The Supreme Court of Petitions challenging the notice of hearing from the government that allowed citizens to deposit old tickets.

Good News for Citizens of India demonetization Notes to Deposits in banks

SC Asks Center to Give Last Chance to Deposit old Notes in Banks
SC Asks Center to Give Last Chance to Deposit old Notes in Banks

In a great deal of relief to all those who have the main effect of demonetization, the Supreme Court on Tuesday has poisoned the centre and asked them to give another chance “to the right people to save old remarks.”

The centre received two weeks to answer.

The refusal of the Center to set a time limit for storing the demotivated currency, the High Court noted: “A person can not suffer, if he has real reasons, he should be able to write old remarks.”

The Supreme Court today asked the central government and India’s Reserve Bank (RBI) whether the window could be provided to people who could not save their old R. 500 and 1,000 currency¬†notes.

The central government today announced to the Apex Bureau that in this case, it will file a declaration of honor

The Supreme Court heard a complaint filed by lawyer Sudh Mishra and others who were looking for directions from him in connection with the deposit of an old Rs currency banknote. 500 and 1,000.

Upon declaring demo rates in Rs value. 500 and 1,000 in November last year, the government instructed people to deposit their old banknotes with the RBI by December 30, 2016.

——— Business Standard

Demonetisation Notes: SC asks Centre to give genuine cases ‘another chance’.

If you still have some banned 500-and 1000-rupee banknotes left then you might just get one last chance to exchange them.

The Supreme Court said on Tuesday the government and the Reserve Bank of India (RBI) asked to give another chance to those who blocked foreign currency bills were not paid or deposited their currency on 31 March.

“If anyone has a real reason, you can not deny him the opportunity to save money,” said the chief of Justice JS Khehar for Advocate General Ranjith Kumar, who lasted two weeks before returning to the government’s answer.

“The RBI would probably hear case-by-case and did not identify the class,” Kumar said.

“If you can not take away your property, you can not get rid of my property,” Khehar told the prime minister, hearing a petition questioning the government’s announcement that prevented citizens from storing old banknotes.

Several cases of people who have uncovered demonetized notes have come to light because the RBI deadline, including two orphans in Madhya Pradesh, was searching for PM assistance when they exchanged 96,500 Rs that they found in their parents’ home.

“We have also heard the real cases when we are satisfied with the deposit because there is no window,” the Chief Justice said.

Speaking on November 8, Prime Minister Narendra Modi said that people who face real difficulties in depositing demonetized banknotes by December 30 would be given the chance to save them by March 31.

Apex court said that it gave hope to those who miss the deadline.

The court has previously called on the government to give people insufficient options to get rid of old remarks. The announcement of demonetization at one point cancelled 86% of the currency in circulation, leading to a financial crisis that lasted more than two months.

Long queues on ATMs have become a common sight, as in the first weeks it was allowed people to withdraw only Rs 2000 per day.

For Indians and NRIs who were abroad in November-December, the government allowed deposits until March 31. However, the NRIs needed to present a customs certificate certifying the amount of demonetized banknotes brought into the country when deposited into the RBI.

———- Hindustan Times

Banned old Notes: Let people with genuine reasons deposit old notes, SC tells govt.

SC Asks Center to Give Last Chance to Deposit old Notes in Banks
SC Asks Center to Give Last Chance to Deposit old Notes in Banks

You can not take possession of someone: Allow people to store forbidden notes for serious reasons, says SC.

The Supreme Court will hear petitions challenging the announcement of the government, which has forbidden citizens to insert old remarks.

The Supreme Court on Tuesday warned the centre in a strong language and gave him two weeks to answer the question of whether citizens would have another chance to save the remonstrated remarks.

The Center has practically agreed before the High Court that it is ready to examine the “truth of each case”, involving people who still have old currency notes.

The Supreme Court was strong towards the centre.

“You can not erase real hard-earned money and let it fall off … you promised a window, you can not go back to your word to those who have real difficulties,” the Supreme Court said.

The Center demonised the Rs 500 and Rs 1000 banknotes + November 8. It allowed citizens to return their old banknotes by December 31. 2016

“If one can prove that it’s his money and had real trouble with the deposit by December 31, he must get the chance to change them,” the High Court said.

Based on these instructions before the High Court, Advocate General Ranjit Kumar has asked for a compromise.
He asked the court not to direct the centre to open a window for everyone. Instead, he said the government “is pleased to examine case by case” cases of citizens who did not have the opportunity to deposit their old currency.

———– TOI

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