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Government’s decision to dispense with Rs. 2000 currency notes not towards demonetisation: #DelhiHighCourt
“It cannot be said that the decision of the Government is perverse or arbitrary or it encourages black money, money laundering, profiteering or it abets corruption,” court… twitter.com/i/web/status/1…
“It cannot be said that the decision of the Government is perverse or arbitrary or it encourages black money, money laundering, profiteering or it abets corruption,” court… twitter.com/i/web/status/1…
A division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad made the observations while dismissing PIL by @AshwiniUpadhyay challenging notifications of RBI and SBI that permit exchange of Rs. 2000 currency notes without requirement of any ID proof.
“In order to ensure that there is a smooth transition of Rs.2000 denomination banknotes, which continue to be a legal tender till September, 2023 i.e. for four months, banks have provided facilities for conversion of these banknotes to other denomination banknotes,”… twitter.com/i/web/status/1…
Court: For this purpose, the Government has taken a decision not to insist upon requirement of identity proof for exchange of Rs.2000 denominations banknotes so that everybody can exchange the same with the other denomination banknotes.
#2000RupeesNote
#2000RupeesNote
Court: Banknotes of Rs.2000 shall continue to be a legal tender and this policy is only for exchange of banknotes having denomination of Rs.2000 with other banknotes.
#DelhiHighCourt #2000RupeesNote
#DelhiHighCourt #2000RupeesNote
In order to facilitate the exchange of Rs.2000 denomination banknotes with other denomination banknotes, the Government has given a window of four months to the citizens and in order to avoid inconvenience to citizens, the Government is not insisting of providing any kind of… twitter.com/i/web/status/1…
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