Demonetisation: SC issues notice in plea to allow demonetised notes worth Rs. 1.17 crore to be deposited in bank

Murali Krishnan August 30 2019

Nearly three years after demonetisation, a businessman has moved the Supreme Court challenging the refusal of a bank to accept demonetised notes worth Rs. 1.17 crore.

The petition filed by one K Raman was heard by a Bench of Justices NV Ramana and Ajay Rastogi. The Bench issued notice to the Reserve Bank of India (RBI) and the Central government.

The petitioner is the proprietor of AJAI Exim company,  which deals with the purchase and supply of yarn . . .

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