Supreme Court

SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes

SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes.

Supreme Court today refused the Central Government plea to stop various High Courts from entertaining  and/or listening pending petitions challenging the move to withdraw old bank notes currency of Rs 500 and Rs 1,000/-.

Supreme Court today, pointed out that the people are suffering due to demonetisation scheme. The Bench headed by Hon’ble Chief Justice remarked that due to the currency crunch,  people are going frantic. The Court also urged Attorney General not to dispute this fact.

As per media reports, the Apex Court even warn of riots due to mismanagement in the Scheme.

The Court refusing to entertain the Central Government’s plea remarked that different petitions filed in High Courts would only go to show what kind of problems people are facing and by stopping them the actual magnitude of the problem could not be known.

Senior advocate Kapil Sibal opposing the petition of the Government pleaded that people are having great struggle in getting their legitimately earned money. He also drew the attention of the Hon’ble Court on the high numbers of deaths of the people due to badly managed demonetisation scheme.

The case was ordered to be listed for next hearing on 25-11-2016 when the original PIL challenging the demonetisation is coming up for the hearing.

Meanwhile it is learnt that in a Public Interest Litigation (PIL), the Kolkata High Court, today, though refused to interfere in Government’s policy, stated that there had been lack of homework sincerity in implementation of the scheme which has caused public distress.

Share

Recent Posts

  • Income Tax

Typographical error in turnover accepted during assessment not a mistake apparent from record

Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…

2 hours ago
  • Income Tax

Plea that assessee was not aware of order cannot be brushed aside in absence of proof of service

Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…

18 hours ago
  • Income Tax

Order rejecting stay of income tax demand should recite merits if it is a case for stay or not

In an order rejecting stay of income tax demand there should be a recital of the merits whether it is…

2 days ago
  • Income Tax

CBDT extends due date of tax audit for FY 2025-26 to 21st October 2026

CBDT has extended the due date for furnishing Return of Income for Assessment Year 2026-27 (FY 2025-26) in respect of…

1 week ago
  • Income Tax

Denying accumulation of u/s 11(2) merely on grounds of delay in filing Form No. 10 is unsustainable

Denying the accumulation of u/s 11(2) merely on grounds of a procedural delay in filing Form No. 10 is unsustainable…

1 week ago
  • Empanelment

Engagement of 05 Young Professionals CAs at Central Registrar of Cooperative Society

Engagement of 05 Young Professionals CAs in the Office of Central Registrar of Cooperative Society on contractual basis The office…

1 week ago