SC to hear pleas against 2016 demonetisation by govt on October 12 ...Middle East

Economy by : (Business Standard) -
The Supreme Court on Wednesday said it will hear on October 12 a batch of pleas challenging the Centre's 2016 decision to demonetise currency notes of denomination of Rs 500 and Rs 1000. A constitution bench headed by Justice S A Nazeer said it will consider if the pleas are an academic exercise. The bench, also comprising Justices B R Gavai, A S Bopanna, V Ramasubramanian, and B V Nagarathna was hearing a batch of 58 petitions challenging the Centre's November 8, 2016 decision to demonetise the currency notes.

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