It’s reg­u­la­tion, not de­pri­va­tion, Cen­tre tells Supreme Court

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - HT Cor­re­spon­dent let­ters@hin­dus­tan­

The Cen­tre said on Wed­nes­day that the scrap­ping of old `500 and `1,000 cur­rency notes does not vi­o­late cit­i­zens’ fun­da­men­tal rights, as al­leged, but im­posed “rea­son­able re­stric­tions” to erad­i­cate money and coun­ter­feit cur­rency. Sub­mit­ting its sec­ond af­fi­davit on de­mon­e­ti­za­tion be­fore the Supreme Court, the Cen­tre re­but­ted the chal­lenge on the le­gal va­lid­ity of the Novem­ber 8 no­ti­fi­ca­tion. It was not an act of de­pri­va­tion but reg­u­la­tion, it said.

“In the present case, the pub­lic is not de­prived from us­ing the money or the value for the le­gal ten­der pos­sessed by them. They can still use their money by use of cheques, e-trans­fer, etc. The gov­ern­ment, how­ever, in view of the changeover of the fake notes, has for a limited pe­riod, im­posed cer­tain rea­son­able re­stric­tions in the form of limited with­drawal of money and or ex­change thereof,” the af­fi­davit, to be taken up by Chief Jus­tice of In­dia’s bench on Fri­day, read.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.