Mumbai: The Bombay High Court has sought response from the Finance Ministry and Reserve Bank of India on a plea seeking extension of deadline for exchanging the demonetised notes.
A division bench of Justices Bhushan Gavai and Vinay Deshpande issued the notices yesterday while hearing a Public Interest Litigation (PIL), and posted the matter for further hearing after three weeks.
The petitioner, Urmila Wasudeo Kowe, said in her PIL that there should be more time to exchange old high denomination notes. The earlier deadline of November 24 to change the now defunct Rs 500 and Rs 1,000 notes has expired and many in rural areas and those from working class, could not change their hard earned money. For such segment, the time limit should be extended.
The Central government demonetised the old high currency notes with effect from November 8 midnight and granted time till November 24 to exchange old notes.
The labour, working class and migrant workers also have old notes and they are unable to deposit the same as many of them do not have bank accounts. It is not possible for them to reach to RBI and such persons should be allowed to exchange old notes from nationalised banks, the PIL said, while seeking such a direction to the RBI and the Centre.
Advocate Ashwin Ingole appeared for the petitioner.
A division bench of Justices Bhushan Gavai and Vinay Deshpande issued the notices yesterday while hearing a Public Interest Litigation (PIL), and posted the matter for further hearing after three weeks.
The petitioner, Urmila Wasudeo Kowe, said in her PIL that there should be more time to exchange old high denomination notes. The earlier deadline of November 24 to change the now defunct Rs 500 and Rs 1,000 notes has expired and many in rural areas and those from working class, could not change their hard earned money. For such segment, the time limit should be extended.
The labour, working class and migrant workers also have old notes and they are unable to deposit the same as many of them do not have bank accounts. It is not possible for them to reach to RBI and such persons should be allowed to exchange old notes from nationalised banks, the PIL said, while seeking such a direction to the RBI and the Centre.
Advertisement
COMMENTS
Advertisement
Vision Should Be To Make Mumbai Slum Free, Says Bombay High Court RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature Sperm Or Egg Donor Cannot Claim To Be Child's Biological Parent: High Court Trinamool MP Summoned By Cops Over "Sniffer Dog" Claim In Rape-Murder Probe Indian-Origin Family, On Way To Daughter's College, Killed In US Car Crash "Here For Personal Work": Hemant Soren Aide In Delhi Amid Switchover Buzz Bengaluru Student, Returning From Party, Raped By Biker Who Gave Her Lift "Leads To Breach Of Trust": Zomato To Remove AI-Generated Food Images Four Reasons Reading Drives Us Mad - And Why We Still Keep At It Track Latest News Live on NDTV.com and get news updates from India and around the world.