'No prosecution of those in possession of old notes if they filed petitions', says Centre to SC

| Updated: Nov 3, 2017, 12:27 IST
NEW DELHI: Those who were not been able to deposit scrapped notes by December 31 last year and filed petitions in the Supreme Court (SC) about the issue, will not be prosecuted, the Centre told the Supreme Court (SC) on Friday.


The Centre told the SC that these petitioners will not be prosecuted for possessing old Rs 1,000 and Rs 500 notes that was scrapped on November 8 last year. However, it did add that they will not be prosecuted only for the amount mentioned in their petitions.


The SC then asked these petitioners to intervene in the main petition which challenges the validity of demonetisation and which is pending before a five-judge bench. It also said the eventual decision of the bench will determine whether these petitioners will be allowed to exchange their old currency notes.


SC said whether these petitioners will be allowed to exchange their old currency notes would depend on the outcome of 5-judge bench decision.



Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.

From around the web

He learnt he has Cancer on his 3rd Birthday

Milaap

How smart investors get value for money.

ICICI Pru Life

Relax and let us boost your website traffic

Times Group

More from The Times of India

Murder of J&K BJP youth worker 'real intolerance': BJP

Book 12 rail tickets a month online with Aadhaar

Five police officers suspended for Bhopal gangrape

From the Web

More From The Times of India