• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

No action against those holding demonetised currency, Centre assures SC

By Vicky
|

The government has assured that no criminal action would be taken against those who are holding demonetised currency of Rs 500 and 1,000. The government said it would not act against such persons until the Supreme Court finally disposes off the matter.

No action against those holding demonetised currency, Centre assures SC

The court was hearing a petition which sought a directive to the government to let people deposit demonetised currency in banks. The court however asked the petitioners to file an intervention application before the Constitution Bench of the court which is hearing the main matter on demonetisation.

The petitioners argued that the government had closed the window to deposit old currency earlier than it had assured. This caused a great deal of hardship to many, especially the farmers, those in hospitals and abroad.

The government while assuring the court that no action would taken until the disposal of the petition also said that in the presence of an existing law that bars exchanging old currency no exception could be made for now.

OneIndia News

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more