No criminal action against holding old of Rs 500, 1000 notes
No criminal action would be taken against those petitioners who were holding old currency notes of Rs 500 and Rs 1000, Said Centre to the Supreme Court. A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said the Constitution Bench would deal with the individual plea of those who could not deposit their currency notes during the window period provided by the Reserve Bank of India (RBI). The bench asked the petitioners to file two to three pages long interlocutory applications in the pending petitions which would be dealt by the constitution bench later. Some petitioners claim that they have not challenged the constitutional validity of either certain provisions of the RBI Act and Centre's November 8, 2016, notification, rather they want to deposit their demonetised currency notes. "Our hard-earned money has been confiscated without due process of law and without granting fair opportunity," lawyer Pranav Sachdeva, appearing for one of the petitioners said adding the Constitution bench be constituted as expeditiously as possible. The apex court had on December 16, last year referred to a Constitution Bench, the issue of the validity of government's decision to demonetise currency notes of Rs 1,000 and Rs 500. -PTC News
