Demonetisation challenged, Centre files caveat in SC

A slew of petitions against the demonetisation of ~1,000 and ~500 notes have been filed in various courts, including in the Supreme Court where the Centre on Thursday filed a caveat that it be heard before any order is passed. The apex court indicated that it may hear on November 15 the plea challenging the government decision while a public interest litigation in this regard was dismissed by the Madras High Court. The Madurai Bench of the High Court while dismissing the PIL seeking scrapping the ban of the high denomination currency observed that the government’s decision is fit for the country’s security and development.