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

1 Like 0 Dislike
Previous news Next news
Other news

Anushka Sharma and Virat Kohli celebrated their marriage anniversary, the actress was seen hiding her baby bump in the celebration photos.

Anushka Sharma-Virat Kohli Marriage Anniversary Celebration: Anushka Sharma and Virat Kohli are t

Bharat Jodo Yatra reached from UP to Haryana: Rahul Gandhi's Panipat stop was canceled, returned to Delhi without stopping, and will come tomorrow at 6 am

Congress leader Rahul Gandhi's Bharat Jodo Yatra has reached Haryana. This will be the second pha

'Just after some time in the whole country...', Vice President Jagdeep Dhankar gave a big statement on the Uniform Civil Code.

Uttarakhand has become the first state in the country to implement the Uniform Civil Code i.e. UC

D Gukesh: Rajinikanth left his job for his son, mother took care of the house; Gukesh became a world champion due to the sacrifice of his parents

D Gukesh, who became the youngest world chess champion by defeating China's Ding Liren, was raise

Anant Ambani Padyatra: Anant Ambani's journey of faith, walked 170 kilometers from Jamnagar to Dwarka

In our country, walking has been a very old tradition, which is considered a spiritual way to con

PM Modi: PM Modi on a Maharashtra tour today, will inaugurate the Mumbai Metro line; and will lay the foundation stone of many projects

Prime Minister Narendra Modi is going to visit Maharashtra today, where he will inaugurate the ci

Pakistan Economy Crisis: Food shortage in Pakistan, inflation rate crosses 40 percent for the first time in 5 months

Pakistan Economy Crisis: Every day a new record of inflation is being created in poor Pakistan. A

Uttarakhand Accident: Tragic accident in Pithoragarh, Uttarakhand, jeep fell into a 600-meter-deep ditch; nine people died

A painful accident took place in Pithoragarh, Uttarakhand. A jeep going from Sama in Bageshwar to

PM Modi: 'We stand shoulder to shoulder in the fight against terrorism', PM Modi told the President of Paraguay

Prime Minister Narendra Modi held a bilateral meeting with Paraguay's President Santiago Pena Pal

When Donald Trump became the President, Elon Musk's wealth increased so much that you will not believe that no one in history is so rich!

During the US presidential election, Elon Musk, the owner of SpaceX, Tesla, and social media plat

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash