SC to Centre; you can’t trash people’s hard earned money

Prime News, National, New Delhi, July 4: – The Supreme Court rapped the Centre in strong words seeking its response in two weeks whether citizens will get another chance to deposit demonetised notes.

The Central government nearly agreed to examine ‘the genuineness of each case’ involving people who still hold old currency notes before the apex court.

The Supreme Court, in a strongly worded statement, said, “You cannot trash a person’s genuine hard-earned money and let it go like this”.

The Supreme Court questioning the centre on the promised window to deposit old notes said you can’t go back on your word to those who had genuine difficulty in depositing demonetised notes.

The Centre on November 8, 2017, demonetised all of Rs 500 and Rs 1,000 notes by declaring as illegal to keep, allows to deposit until December 31, 2016.

The Supreme Court observed that ‘if a person proves that it is his money and he or she had real difficulty beyond their control in deposit by December 31, 2016, must get an opportunity to change them.

Solicitor General Ranjit Kumar sought a compromise and requested the SC not top direct the Centre to open a general window for everyone as it may create a chaos, the Centre agreeable to examine case by case instances of people not having the chance to deposit their demonetised notes.

-(NAV, Inputs; Agencies)

Leave a Reply



Related Articles