Finance

SC to hear on Oct 12 pleas challenging Centre’s 2016 decision to demonetise currency notes

SC to hear on Oct 12 pleas challenging Centre’s 2016 decision to demonetise currency notes

 

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.

SC to hear on Oct 12 pleas challenging Centre's 2016 decision to demonetise currency notes

A constitution bench headed by Justice S A Nazeer said it will consider if the pleas are an academic exercise.

SC to hear on Oct 12 pleas challenging Centre's 2016 decision to demonetise currency notes

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.

SC to hear on Oct 12 pleas challenging Centre's 2016 decision to demonetise currency notes

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