Demonetization: SC to hear pleas on scrapping of Rs 1,000 and 500 notes on Tuesday - News Summed Up

Demonetization: SC to hear pleas on scrapping of Rs 1,000 and 500 notes on Tuesday


Government has given timeframe till December 30 to exchange the old notes with new ones. Out of the four, two PILs have been filed by Delhi-based lawyers Vivek Narayan Sharma and Sangam Lal Pandey respectively. Two other pleas have been filed by individuals, S Muthukumar and Adil Alvi, on the demonetization issue. The apex court, on November 10, had agreed to hear the pleas on Tuesday. The Prime Minister, in a televised address to the nation, had declared that high denomination notes of Rs 500 and Rs 1000 will no longer be legal tender from November 8-9 midnight.


Source: dna November 14, 2016 13:45 UTC



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