Demonetization: SC asks Center and RBI to produce records related to demonetization, verdict reserved

Posted on 7th Dec 2022 03:21 pm by rohit kumar

The Supreme Court on Wednesday directed the Center and the Reserve Bank of India (RBI) to produce relevant records relating to the government's decision to invalidate Rs 1,000 and Rs 500 notes in 2016.

 

While reserving its judgment on a bunch of pleas challenging the Centre's 2016 decision, a five-judge Constitution bench headed by Justice S A Nazeer and including Attorney General R Venkataramani, RBI counsel, and senior advocates P Chidambaram and Shyam Divan Heard the arguments of the counsel for the petitioners.

 

A bench of Justices BR Gavai, AS Bopanna, V Ramasubramaniam, and BV Nagarathna said, "We have heard and the judgment is reserved. Counsel for the Union of India and the Reserve Bank of India is directed to place the relevant records."

 

The AG told the bench that he would submit the relevant records in a sealed cover. The top court was hearing a batch of 58 petitions challenging the note ban announced by the Center on November 8, 2016.

 

Also Read: Forbes Philanthropy List: Gautam Adani is among the top three philanthropists in Asia, these Indians also did a lot of charity

Other news

IND vs PAK: India's record against Pakistan in finals is poor, having been unsuccessful for 18 years.

The final match of the Asia Cup 2025 between India and Pakistan will be played in Dubai on Sunday

MK Stalin: 'Yogi Adityanath wants to lecture us on hatred, this is comedy', Stalin targets UP CM

Tamil Nadu Chief Minister MK Stalin has attacked Uttar Pradesh CM Yogi Adityanath, expressing str

Japan: Japanese Foreign Minister will not participate in the important G20 meeting to be held in India, protests started at home

Japan's Foreign Minister Yoshimasa Hayashi will not attend the meeting of foreign ministers of G2

Sushant Singh Rajput: CBI got important evidence in Sushant's case! Big disclosure of Deputy CM Devendra Fadnavis

Sushant Singh Rajput had a huge fan following in Bollywood. On June 14, 2020, Sushant's body was

Shibu Soren: 'Shibu Soren was a strong voice of the poor and tribals, ' PM Modi said on the death of JMM founder

Former Jharkhand CM Shibu Soren passed away on Monday morning. Shibu Soren breathed his last at S

Chardham Yatra; Road incomplete, hotels suffering from disaster: New cracks on the way to Badrinath can become a cause of danger

New cracks on the main road going to Badrinath via Joshimath for Chardham Yatra can become a caus

Israel-Hamas War: On the sixth day of the ceasefire, Hamas released 14 hostages, including 10 Israelis and four Thai citizens.

On the sixth day of the ceasefire in Gaza between Israel and Hamas, the Palestinian terrorist gro

Jawan Trailer Out: Seeing the teaser of 'Jawan', you will forget 'Pathan', the film is full of action, and Deepika Padukone became a surprise

Shah Rukh Khan Film Jawan Preview Out: Shah Rukh Khan's fans are eagerly waiting for his next fil

Vice Presidential Election Result: CP Radhakrishnan will become the 15th Vice President of the country, got 452 votes; PM Modi congratulated him on the victory

The results of the Vice Presidential election have been announced. NDA candidate CP Radhakrishnan

Shubman Gill: 'Wouldn't be surprised if Gill becomes T20 captain', says former England spinner

Former England spinner Monty Panesar has praised the decision to hand Shubman Gill the captaincy