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  Aalami Sahara Rashtriya Sahara Roznama Sahara
SC gives Centre, RBI time to devise plan for depositing
sahara samay desk
Last Updated : 04 Jul 2017 04:19:34 PM IST
SC gives Centre, RBI time to devise plan for depositing
File photo: Old 1000 and 500 currency

 

The Supreme Court granted the Centre and the Reserve Bank of India two weeks to consider the option of granting a window to those who could not deposit their demonetised Rs 500 and Rs 1,000 currency notes for a compelling reason.

 

A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud asked Solicitor General Ranjit Kumar, representing the Centre, to take instructions on the issue.

 

"There can be a situation where a person has lost his/her money for no fault. Suppose a person was in jail during the period... We want to know as to why you chose to bar such persons," the bench said.

 

The solicitor general then sought time to seek instructions for granting an opportunity to persons to deposit their money on a case-by-case basis.

 

The bench was hearing a batch of petitions, including one filed by Sudha Mishra seeking a direction to authorities to allow her to deposit demonetised notes as she could not do so during the period specified by the Centre and the RBI.

 

The Centre had come out with the Ordinance making possession of a large number of scrapped notes a penal offence attracting a monetary fine.

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