The apex court indicated that it may hear on November 15 the plea challenging the government decision while a PIL in this regard was dismissed by the Madras High Court.
The Madurai Bench of the High Court while dismissing the PIL seeking scrapping the ban of the high denomination currency on the ground it cannot interfere in policies related to monetary system observed that the government decision is fit for the country's security and development.
The Centre filed a caveat in the apex court registry, saying that it be heard if the court entertains and passes some directions on petitions against demonetisation.
"Let it be listed on Tuesday if the petition gets numbered by the registry," a three-judge apex corut bench headed by Justice A R Dave said when a lawyer today sought urgent hearing of his plea on the ground that demonetisation iscausing a lot of problem to the common citizens.
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He has sought quashing of the November 8 notification of the Department of Economic Affairs (DEA) of Finance Ministry on the ground that the common public has not been granted sufficient time and as a result they are facing a lot of hardship.
The PIL has also sought a direction to the Centre that sufficient time be given to the citizens for exchanging the demonetised currency notes.
Besides this petition, another plea was filed yesterday in the apex court seeking quashing of the decision to demonetise Rs 1,000 and Rs 500 currency notes, contending it infringed on citizens' right to life and to trade, among others.
The Madras High Court while dismissing another PIL observed that big currency notes were used to fund terror activities and that black money was harming the economy of the country.
The action of the government is fit for the country's security and development, it said.
Though the government's action caused some inconvenience to people, it had been taken for the welfare of the country and was being implemented with the cooperation of various sections of people, the bench said.