The Supreme Court today disposed of 14 petitions seeking its nod to deposit demonetised notes and said that a five-judge Constitution Bench would deal with this aspect besides deciding the validity of Centre's decision to demonetise currency notes.<br/><br/>A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said that the Constitution Bench would also deal with the individual plea of those who could<br/>not deposit their currency notes during the window period provided by the Reserve Bank of India.The Court then disposed of individual petitions filed by 14 persons.<br/>'<br/>The apex court had on December 16, last year referred to a Constitution Bench, the issue of validity of government's decision to demonetise currency notes of Rs 1,000 and Rs 500.<br/>'<br/>While holding that the challenge to November 8 notification was in the arena of "public importance" as complaints of inconvenience have been brought, it said there was a need for a direction for referring it to a larger bench for "authoritative pronouncement by five judges".
News On AIR | November 3, 2017 4:07 PM
SC disposes of pleas to deposit banned notes