The Supreme Court heard the pleas filed on demonetisation and said that it might pass some orders regarding the plea that sought allowance of the use of the old demonetised Rs 500 notes for some more time.
Earlier yesterday, the SC had heard pleas related to the transfer petition filed by the Centre on demonetisation of high-value currency notes. Earlier on December 9, the SC had asked if the decision by the centre to implement the demonetisation scheme had been made in absolute secrecy. It had also questioned about the rationale behind the implementation of the demonetisation drive.
Chief Justice of India, T. S Thakur had asked the government if anything could be done to ease the suffering of the people. He had said that “People are suffering. It is a serious problem”. The Narendra Modi-led Central government had earlier submitted an affidavit saying that the demonetisation drive by implemented by them was a sincere attempt at unearthing black money that had been stashed over 7 decades.
The Centre in its affidavit had told the apex court that demonetisation was a step to reduce the ratio of cash transactions with the additional objective of unearthing illegal parallel economy.
Attorney General Rohatgi had earlier filed a transfer petition before the Supreme Court seeking a stay on all pending pleas against demonetisation.
The apex court had on November 18 refused to put a stay on hearings in various High Courts and lower courts related to the demonetisation of Rs. 500 and Rs. 1,000 currency notes.