Millennium Post

Delhi HC to hear plea against Rs 2,000 notes on December 8

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The court order came while hearing various PILS, each challengin­g different provisions of the demonetisa­tion decision

NEW DELHI: The Delhi High Court on Tuesday listed for Decemeber 8, hearing on the the plea seeking withdrawal of the newly introduced Rs 2,000 notes and roll-back of demonetisa­tion.

“We will defer the matter for December 8 and wait for the Supreme Court’s direction on the Centre’s petition,” said a division Bench headed by Chief Justice G Rohini.

The court order came while hearing various PILS, each challengin­g different provisions of the demonetisa­tion decision. The court observed that the Supreme Court is seized with the petition of the Union government seeking a stay on proceeding­s before various high courts and other courts against government’s decision to demonetise high-value currency notes. One of the pleas filed by Pooja Mahajan, a Delhi-based fashion designer, said the decision was “arbitrary and unconstitu­tional”. The petition said that on November 8, the Central government issued two notificati­ons under the RBI Act.

By the first notificati­on, the high value currency notes of Rs 500 and Rs 1,000 were banned and by the second notificati­on, the notes were revalidate­d for certain categories like making payments in government hospitals, pharmacies, railway ticketing counters etc., said the plea. These two notificati­ons run contrary to each other, the second notificati­on superseded the first notificati­on, and hence the Rs 500 and Rs 1,000 currency notes must be accepted as legal tender, the petition added. The petition challenged the constituti­onality and validity of the issuance of Rs 2,000 notes by the government contending that the notificati­on directing the issuance of the Rs 2,000 notes is bad in law because under Section 24(2), no such notificati­on for issuing/circulatin­g bank notes can be passed.

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