Business Standard

SC refuses to extend use of demonetised notes at govt utilities

Once again raps the Centre, asking it to fulfil the commitment of Rs 24,000 withdrawal per week

Tripods of television crew stand in front of the Supreme Court building in New Delhi

Tripods of television crew stand in front of the Supreme Court building in New Delhi

BS Web Team New Delhi
The Supreme Court on Friday refused to extend the use of demonetised Rs 500 and Rs 1,000 notes at government utilities like hospitals, railway ticket counters, etc. 

The apex court once again rapped the Centre, asking it to fulfil the commitment of Rs 24,000 withdrawal per week, to the extent possible.

The court referred to the petitions challenging the November 8 notification on demonetisation to a five-judge Constitution Bench by framing nine questions for adjudication.

The court also stayed proceedings on petitions against demonetisation notification in all high courts and said only the apex court would hear them. 

The court accepted the assurance of Attorney General Mukul Rohatgi that Rs 8,000 crore collected by district cooperative banks between November 11 and 14 would be allowed to be exchanged.
 

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First Published: Dec 16 2016 | 3:08 PM IST

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