SC dismisses plea challenging RBI move on exchange of Rs 2000 notes
SC has dismissed PIL against the RBI notification permitting exchange of Rs 2000 notes without any requisition slip and ID proof.
New Delhi: The Supreme Court of India has dismissed a Public Interest Litigation (PIL) against the RBI notification permitting exchange of Rs 2000 notes without any requisition slip and ID proof.
A bench of Chief Justice D Y Chandrachud and Justice PS Narasimha rejected the appeal filed by a lawyer, identified as Ashwini Upadhyay.
“This is the matter of executive policy decision,” the bench said.
Earlier, on May 29, Delhi High Court dismissed the plea challenging the notifications enabling the exchange of Rs 2000 notes without any requisition slip and ID proof.
While dismissing the PIL, the Delhi High court also mentioned that the government’s decision is perverse or arbitrary, or it encourages black money, money laundering, profiteering or corruption.
Meanwhile, Lawyer Ashwini Upadhyay said that the Rs 2000 banknotes are being exchanged without any requisition slip and ID proof like Aadhaar card by criminals and terrorists also.
