₹500, ₹1000 ban: Supreme Court to hear PILs on demonetisation
- SC to hear four PILs filed against demonetisation.
- One of the pleas has termed the notification of DEA as "dictatorial".
- The petitioners have alleged that the sudden decision has created chaos and harassment to public at large.
The Hon'ble Supreme Court of India will be hearing a batch of PILs seeking to quash of government's decision to demonetise ₹500 and ₹1000 currency notes on the grounds that this decision infringed citizens' right to life and trade among others.
The SC bench comprising Chief Justice T S Thakur and Justice D Y Chandrachud will be hearing four pleas on 15 November filed against the decision of the Narendra Modi government that made these high-denomination notes no more legal tenders. A decision that led to instant panic and chaos across the nation.
Two out of the four PILs have been filed by Delhi-based lawyers Vivek Narayan Sharma and Sangam Lal Pandey respectively, and the other two have been filed by filed by S Muthukumar and Adil Alvi, on the demonetisation issue.
The petitioners have alleged that the sudden decision has created chaos and harassment to public at large and the notification of the Department of Economic Affairs (DEA), Ministry of Finance be either quashed or deferred for some time.
The Centre has also filed a caveat in the registry saying it should be heard if the bench agrees to hear and pass orders on any such plea.
Sharma, in his plea, has termed the notification of DEA as "dictatorial", claiming that it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large-scale mayhem, life-threatening difficulties".
The plea has sought either quashing of the notification or a direction to the Centre for grant of "reasonable time frame" to citizens to exchange the demonetised currency notes for avoiding difficulties being faced by the people.
The Prime Minister, in a televised address to the nation, had declared that high denomination notes of Rs 500 and Rs 1000 would no longer be legal tender from November 8-9 midnight. He had said the Government has declared a "decisive war" against black money and corruption.