"Virtually by way of this writ petition you are challenging the notification on demonetisation. We cannot go into it as the Supreme Court is already looking into it," a bench of Chief Justice G Rohini and Justice V K Rao said.
The petitioner had sought quashing of a clause of the Centre's notification putting restriction on withdrawal limit.
The order assumes importance as the apex court in the last two hearings had refused to restrain the high courts across the country from entertaining petitions against the demonetisation decision, saying that the public can get immediate relief from them.
Noting that the apex court is already seized of the matter, the high court disposed of the PIL by Ashok Sharma, a businessman, who had urged the court for relief on the ground that the Centre's decision to put a cap on weekly withdrawal of Rs 24,000 is "affecting right to livelihood" of the people at large.
Under the earlier clause 2 (VI), the weekly withdrawal limit from the banks was Rs 20,000, while the daily limit was Rs 10,000. Later, the weekly limit was increased to Rs 24,000 and the daily limit was scrapped. From ATMs, the daily limit is Rs 2,500.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
