November 18, 2016 8:47 PM

printer

Demonetisation: Long queues outside banks, post offices serious issue, SC tells Centre

The Supreme Court today refused Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the notification of demonetising Rs 1,000 and Rs 500 currency notes, saying long queues outside banks and post offices is a serious issue which requires consideration and some measures are required. <br/><br/>When Attorney General (AG) Mukul Rohatgi submitted that any matter relating to challenge to the demonetisation issue be heard by the apex court only, the bench comprising Chief Justice T S Thakur and Justice A R Dave observed people going to different courts indicates the magnitude of the problem. <br/><br/>The bench said people have the right to approach the courts noting that there are difficulties. At the outset, the bench questioned the relief measures undertaken by the Centre. <br/><br/>The AG explained to the court that there is no shortage of funds but after printing, the currency has to be moved to thousands of centres across the country and ATMs have to be re-calibrated. He said the queues are getting shorter. <br/><br/>The apex court had on Tuesday refused to stay the government's demonetisation notification, but had asked it to spell out the steps taken to minimise public inconvenience. Realizing that the bench has reservation in entertaining the Centre's application, AG said that government will file a transfer petition. The matter will be heard again next Friday.

Most Read
View All arrow-right

No posts found.