SC denies extending use of banned notes for utilities

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NEW DELHI: The Supreme Court (SC) today refused to extend the deadline – which ended last night – for the use of scrapped notes to pay bills for utilities, hospitals, railway tickets, petrol and the like.

The SC passed it order on a plea that it should allow the use of scrapped Rs 500 and Rs 1,000 notes for a few more days.

At the same time though, the SC asked the government to stand by its commitment to allow citizens to withdraw Rs 24,000 per week to the extent that such a thing is possible.

The SC also stayed all proceeding going on in various high courts on the issue of demonetisation. It restrained all other courts from entertaining pleas against the currency ban.

 

The SC referred all petitions challenging the constitutional validity of the Centre’s decision to ban all high-value notes to a 5-judge constitution bench, saying that issues raised against demonetisation are a concern of the entire country.

 

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