HomeNewsTrendsCurrent AffairsSupreme Court may pass order on use of old Rs 500 notes

Supreme Court may pass order on use of old Rs 500 notes

Yesterday, the court had said that the Centre should adhere to its notification that allowed withdrawal of Rs 24,000 per week from bank accounts after demonetisation of high-value currency notes.

December 16, 2016 / 15:35 IST

The Supreme Court said that it may pass some orders today on a plea seeking that demonetised Rs 500 currency notes be allowed to be used for some more time at places like hospitals and petrol pumps.

"We will see whether we can pass some orders today," a bench comprising Chief Justice T S Thakur and Justice D Y Chandrachud said when senior advocate Kapil Sibal sought an interim order on the issue.

Sibal said that the use of demonetised Rs 500 notes has come to an end and some order needed to be passed.

Yesterday, the court had said that the Centre should adhere to its notification that allowed withdrawal of Rs 24,000 per week from bank accounts after demonetisation of high-value currency notes.

first published: Dec 16, 2016 01:50 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347