Allow genuine cases a window to deposit old notes: Supreme Court to Govt

To give window to those who have not been able to exchange invalidated Rs 500, Rs 1,000 notes

The Supreme Court on Tuesday asked the government and the Reserve Bank of India (RBI) to consider granting a window to those who have not been able to exchange invalidated Rs 500 and Rs 1,000 notes for genuine reasons, saying people should not lose their money for no fault of theirs.
 

“You (Centre) cannot be allowed to deprive a person of his money if he couldn’t deposit due to some genuine problem. What if someone was terminally ill and couldn’t deposit the money?” the Bench of Chief Justice J S Khehar and  D Y Chandrachud said.

The Bench ignited hope