The PIL, filed by one Akhil Anil Chitre, has sought certain steps and measures to be undertaken by central and state governments to ensure smooth transition of the recent scheme.
The petition says that while the move was indeed salutary as it has been introduced to bring to light black money hoarders, its dynamics has resulted in serious cash and income crunch for the weaker sections of the society.
"Despite bank officials doing their best to re-infuse high denomination notes into the economy, a person withdrawing any amount from the bank is generally given a Rs 2,000 note, which again cannot be readily used for lack of change," the petition said.
"The respondents may provide for separate counters at banks and post offices, which would strictly dispense Rs 10, Rs 20, Rs 50, and Rs 100 notes to anyone, who wishes to exchange only a single note of Rs 500 or Rs 1,000 in a day," the petition said.
The petition may come up for hearing this week.