Wednesday, 16 November 2016

TOP COURT REFUSES TO STAY CURRENCY BAN

Latest Gujarat News - Indian News - GG2.Net


The Supreme Court on Tuesday (Nov 15) refused to stay the Indian government's notification demonetising Rs 500 and Rs 1,000 currency notes but asked the administration it to spell out the steps taken to minimise public inconvenience.

'We will not be granting any stay,' a bench comprising Chief Justice T S Thakur and D Y Chandrachud said. The remarks were made after some advocates insisted on a stay.

Senior advocate Kapil Sibal, appearing for one of the petitioners, however, said he was not asking for a stay on the notification but seeking answers from the government about the steps taken to remove public inconvenience.

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