Supreme Court today refused to stay the government's notification demonetising Rs 500 and Rs 1,000 currency notes but asked it to spell out the steps taken to minimise public inconvenience.<br/><br/>A bench comprising Chief Justice T S Thakur and D Y Chandrachud said that they will not be granting any stay as some advocates had insisted on it. <br/><br/>The bench asked Attorney General Mukul Rohatgi to file an affidavit about the measures already undertaken by the government and the RBI to minimise public inconvenience and also the steps likely to be undertaken in future. <br/><br/>Without issuing any notice to the Centre or the RBI, the bench posted the matter for further hearing on November 25.

Supreme Court today refused to stay Centre's notification demonetising Rs 500 and Rs 1,000 currency notes. The court agreed with Attorney General's contention that the move is like a surgical strike against black money and that there will be some collateral damage in the process. <br/><br/>The apex court however, asked the Centre to file an affidavit giving details of steps taken to ease inconvenience faced by citizens. The matter has been posted for further hearing on 25th of this month.