SC to hear plea challenging ban on Rs 500, 1,000 notes, Centre files caveat

On Wednesday an advocate moved the court challenging the ban on Rs 500 and 1,000 notes

New Delhi, Nov 10: As the Supreme Court gets ready to hear a petition that challenged the ban on Rs 500 and 1,000 notes, the centre filed a caveat seeking to be heard in the matter. A caveat is filed in a case so that an interim order is not passed without hearing the other party.

On Wednesday an advocate moved the court challenging the ban on Rs 500 and 1,000 notes. The PIL, filed by Sangam Lal Pandey termed the government's action as arbitrary. The petitioner also said that this decision has caused huge inconvenience to the public.

The petitioner will mention the matter for urgent listing on Thursday. A similar petition has been filed in the Bombay High court as well.

On Tuesday night, Prime Minister Narendra Modi announced that the government is scrapping with immediate effect the existing currency denominations of Rs 500 and Rs 1,000 to combat black money, corruption and terror-financing.

OneIndia News