1. Demonetisation: Petition filed in SC to stay circulation of Rs 2000 notes as colour wears off

Demonetisation: Petition filed in SC to stay circulation of Rs 2000 notes as colour wears off

A petition was filed by M L Sharma in the Supreme Court on Friday to put a stay on the circulation of Rs 2000 as its colour wears off.

By: | Updated: November 18, 2016 2:49 PM

 

demonetisation update, demoetosation news, rs 2000 ban, rs 2000 leaves colour, rs 2000 colour The new Rs 2000 note was introduced by the Reserve Bank of India following Prime Minister Narendra Modi’s announcement to scrap Rs 500 and Rs 1000 overnight. (PTI)

The new high denomination currency, that comes in pink is reported to be been a pain for the users as many have complained that the note tends to leave colour. The new note was introduced by the Reserve Bank of India following Prime Minister Narendra Modi’s announcement to scrap Rs 500 and Rs 1000 overnight. Complaints have ben reported over the practicality of the high denomination note and how it is difficult to use for smaller day to day transactions.

Meanwhile, the Supreme Court also refused to stay the hearings in various High Courts and lower courts on matters related to demonetisation. The Union government had filed an application seeking the Supreme Court’s order to not entertain any petitions anywhere in India regarding the issue of demonetisation as the matter is still sub judice. Attorney General Mukul Rohatgi cited the examples of the 2G case and the coal allotment scam in which the Supreme Court had passed similar orders.

The Supreme Court, however, asked Rohatgi to file a transfer petition if the government wants a stay. The next hearing is scheduled on November 25. The apex court also expressed its concerns over the problems faced by the common man. Attorney General Rohatgi said that the government would file a transfer petition, seeking transfer of all the pending case across the country regarding the matter. The Chief Justice observed that the matter can be heard by the Delhi High Court.

  1. K
    Krishnaswamy Swamy
    Nov 18, 2016 at 11:32 am
    It was reported in NDTV that the Economic Affairs Secretary Shri Shakthikanta Das himself admitted that the new Rs.2000 note, if genuine, would lose colour if rubbed with a wet cloth and it is the characteristics of the special ink used for it's printing. He also told that if the note does not lose colour, it is a fake. So this is a world record achieved by Narendra Modiji government, perhaps with a g vision to once again go for a demonetisation of all Rs.2000 notes which would fade and become like white paper very soon, and issue Rs.5000 notes. At that point of time, government may import special machines to identify and confirm whether the almost white coloured faded notes were in fact genuine notes a couple of years back. By the grace of Narendra Modiji government, people of India will happily undergo suffering to get new currency notes so that black money (of faded currency) aculated illegally is eliminated. World will be watching with awe at the wonderful economic climate in our country.
    Reply
  2. N
    Narinder Singh
    Nov 18, 2016 at 10:53 am
    Where was this note washed? In the Kejriwal Power Laundry??
    Reply
  3. R
    RITESH
    Nov 18, 2016 at 10:58 am
    Is he the Same M L Sharma who is defending the culprits o Nirbhaya Issue. He should also be hanged till death for defending the indefensible
    Reply
  4. R
    rohan
    Nov 18, 2016 at 4:05 pm
    This Pink Rs.2000.00 note will remain forever a symbol of 9/11 terror attack on Indian Labor Cl/Working Cl/ Poor Cl/ middle cl/ Senior Citizens.
    Reply
  5. R
    RnD Analyst
    Nov 18, 2016 at 10:56 am
    Check wash-test video of 2000 note by TOI. Do not circulate false news and stop promoting this person
    Reply
  6. S
    Sibby
    Nov 18, 2016 at 10:55 am
    The photo in the article is not of New 2000 not but the fake note which was photocopy of original.
    Reply
  7. S
    Sibby
    Nov 18, 2016 at 10:53 am
    The photo in the article is wrong. This is the photo of the fake currency that was caught few days ago.
    Reply
  8. S
    Sibby
    Nov 18, 2016 at 11:12 am
    The photo in this article is of fake note, not real one. This fake note was caught 5 days ago in Karnataka. Just google search "Beware Fake 2000 Rs Notes Circulating in a Market in Chikmagalur" and click on first news article. You will note that the identifier number on note on left bottom corner is same as that in this article i.e. "8AS 107810". This fake note was a photocopy of original.
    Reply
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