You are here: Home » News-ANI » National
Business Standard

Centre dismisses SC's request, says window for depositing old notes cannot be extended

ANI  |  New Delhi [India] 

The Centre on Monday filed an affidavit in the Supreme over the row, saying it was not ready to extend the window period for depositing old currency notes.

Earlier on July 4, the apex rapped the Centre and asked them to give another chance to "genuine people to deposit old notes", to which the Centre was given two weeks to respond.

Rebuking the Centre for setting up a deadline for depositing demonetised currency, the apex observed, "One cannot make people suffer if they have genuine reasons, should be allowed to deposit old notes".

The SC asked the Central and the Reserve of (RBI), whether a window can be provided to the people who could not deposit their old Rs. 500 and 1,000 currency notes.

The Central told the division bench of the apex that it would file an affidavit in the case.

The apex was hearing a filed by advocate Sudha Mishra and others seeking a direction from it in connection with the deposit of old currency notes of Rs. 500 and 1,000.

Following the announcement of demonetising currency notes worth Rs. 500 and 1,000 in November last year, the had instructed people to deposit their old currency notes with the RBI till December 30, 2016.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 22:09 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU