Loading...

How the RBI Dodged RTI Appeals For Minutes Of Meeting On Demonetisation.

| Leave a Comment

After two years of stubborn refusal to part with any details regarding the minutes of its board meeting on demonetisation, the RBI has demonstrated its sheer disdain for the RTI Act. While India’s leaders make a mockery of the constitution and the economy, the Reserve Bank of India made a mockery of the Right to […]

Read more »

PM Narendra Modi credits demonetisation for making homes affordable to youth

| Leave a Comment

 Prime Minister Narendra Modi on Wednesday credited his government’s demonetisation decision for bringing down prices of houses and making them affordable for the aspiring youth He also said that if the previous governments had to do the work that he has done so far, they would have needed “25 more years” for it The prime […]

Read more »

PIL seeks to quash TN govt order on bus fare hike

| Leave a Comment

 A public interest litigation (PIL) has been filed in the Madras High Court, seeking to quash an order of the Tamil Nadu government, hiking the bus fares from January 20. The petition, filed by one V Munikrishnan, is likely to come up for hearing tomorrow. Munikrishnan submitted that he came to know through the print […]

Read more »

Indian economy on ‘very solid track’: IMF chief Christine Lagarde

| Leave a Comment

Days after the International Monetary Fund lowered its growth forecast for the current and the next year, IMF chief Christine Lagarde today said the Indian economy is on a “very solid track” in the mid-term. “Turning to India…we have slightly downgraded India; but we believe that India is for the medium and long-term on a […]

Read more »

‘Rs 5,400 cr worth of undisclosed income detected’

| Leave a Comment

A whopping Rs 5,400 crore worth of “undisclosed income” has been detected by law-enforcing agencies till January 10 since demonetisation came into force last November, the government has told the Supreme Court. It also made references to “various malpractices” which came to fore post demonetisation, including the use of old currency notes for buying gold. […]

Read more »

Court dismisses banker’s anticipatory bail plea

| Leave a Comment

A special court dismissed today the anticipatory bail plea of a private bank official, who was arrested by the Enforcement Directorate (ED) in connection with a fraud case post demonetisation, in a related cheating case. Special Judge Poonam Chaudhry denied the relief to 32-year-old Vineet Gupta, a branch manager in Axis Bank’s Kashmere Gate branch […]

Read more »

Demonetisation puts probe agencies in a fix

| Leave a Comment

Probe agencies like CBI and NIA have found themselves in a piquant situation following demonetisation of old Rs 500 and Rs 1,000 notes, taking varying stands in different courts on whether to keep the seized crime money with them to safeguard evidence or deposit the currency to save them from becoming worthless. The dilemma is […]

Read more »

Demonetisation, Tatas, drugs ban kept Delhi HC busy in 2016

| Leave a Comment

A large number of PILs on issues relating to demonetisation and litigations involving Tatas over management and operation of its JV airline AirAsia India and the iconic Taj Mansingh hotel in the heart of capital were among major financial and corporate cases handled by the Delhi High Court in 2016. The high court, which was […]

Read more »

Delhi HC adjourns sine die pleas against demonetisation

| Leave a Comment

Delhi High Court today adjourned indefinitely the hearing on pleas challenging the Narendra Modi government’s demonetisation move after it was informed that the Supreme Court has stayed all proceedings pending before different courts on related issues. “The Supreme Court is seized of the issue and has also stayed the proceedings on pleas challenging the November […]

Read more »

Madras HC dismisses PIL against demonetisation

| Leave a Comment

The Madras High Court today dismissed a PIL seeking a direction to the Union government to declare the notification on demonetisation as illegal and ultra vires to provisions of the Reserve Bank of India Act. When the PIL filed by Suchitra Vijayan, barrister-at-law, came up earlier, the court said counsel for the Union government had […]

Read more »

Demonetisation:Banker’s extends ED custody

| Leave a Comment

An official of a private bank was today sent to three-day custody of Enforcement Directorate’s (ED) by a Delhi court, which also remanded another officer to judicial custody for alleged irregularities in conversion of old currency and supply of new notes. Duty magistrate Shilpi Jain extended the ED custody of 32-year-old Vineet Gupta, now suspended […]

Read more »

Demonetisation:Don’t see any farmers here, AG to SC

| Leave a Comment

“I don’t see any farmers here,” was how Attorney General Mukul Rohatgi reacted in the Supreme Court when lawyers from the opposite side were assailing the implementation of the demonetisation policy by alleging that the district cooperative banks have been discriminated. “I don’t see any farmers here. This is all bogey,” the Attorney General responded […]

Read more »

Demonetisation: SC asks Centre to spell out steps to ease

| Leave a Comment

The Supreme Court today asked the Centre to spell out measures taken to ease the sufferings and inconvenience of people in rural areas, who are mostly dependent on co-operative banks, post-demonetisation. A bench of Chief Justice T S Thakur and Justice D Y Chandrachud, while hearing a batch of pleas challenging various aspects of demonetisation, […]

Read more »

Demonetisation: Guj HC seeks response from Centre, RBI

| Leave a Comment

The Gujarat High Court has sought response from the Centre and RBI on a PIL challenging the legality of demonetisation and exclusion of district cooperative bank account holders from exchanging or withdrawing currency notes. A division bench of Chief Justice R Subhash Reddy and Justice V M Pancholi sought the response on a PIL moved […]

Read more »

Order tmw on plea agst withdrawal limit for weddings

| Leave a Comment

Delhi High Court today reserved its order for tomorrow on a plea seeking relaxation of the Rs 2.5 lakh withdrawal limit for marriages after demonetisation. The plea, which has also sought that old currency notes of Rs 1,000 and Rs 500 should be accepted for paying court fees, came up for hearing before a bench […]

Read more »

Demonetisation: Law enforcing agencies unaffected

| Leave a Comment

Demonetisation will have no impact on investigating agencies which possess a huge cache of old Rs 1,000 and Rs 500 notes, seized over the years as case property, with their officials saying the cash was “government accounted money” and could be deposited in respective bank accounts till December 30. While the Enforcement Directorate (ED) and […]

Read more »

PIL filed in Madras HC seeking to declare demonetisation notification

/ | Leave a Comment

The Madras High Court today posted a PIL, seeking a direction to the Union Government to declare as illegal the notification issued on demonetisation, for further hearing to December 15. When the PIL filed by Suchitra Vijayan, a Barrister-at-Law, came up, the first bench, comprising Chief Justice Sanjay Kishan Kaul and Justice R.Mahadevan, said counsel […]

Read more »

Demonetisation: Agencies to ensure no harassment, says court

| Leave a Comment

The implementing agencies should ensure that even the “smallest person” of the country does not face any harassment due to demonetisation move, a Delhi court has observed while taking strong exception to SBI’s refusal to accept old currency notes from a litigant for depositing cost. The court observed that government’s move to demonetise Rs 1,000 […]

Read more »

Demonetisation to eradicate black money, to benefit all: Govt to SC

| Leave a Comment

The Modi government today asserted in the Supreme Court that the “bold move” of demonetisation would eradicate black money and slush funds operating since Independence which cast a “parallel economy” hitting the poor and the middle class. The Centre, which filed an affidavit on demonetisation, said the decision on which a total secrecy was maintained, […]

Read more »

Demonetisation: Delhi HC declines immediate relief

| Leave a Comment

The Delhi High Court today refused to pass any interim order on a PIL seeking a direction to the Centre to remove the cap on daily withdrawal of money deposited by the public in banks before demonetisation of Rs 500 and Rs 1,000 currency notes. A bench of Chief Justice G Rohini and Justice V […]

Read more »

SC refuses to stay demonetisation proceedings in various HCs

| Leave a Comment

The Supreme Court today sought response of all the petitioners, who have challenged the demonetisation move in different high courts, on a plea by the Centre seeking transfer of all these matters to either the apex court or one of the high courts. However, a three-judge bench headed by Chief Justice T S Thakur refused […]

Read more »

Delhi HC to hear pleas against demonetisation on Dec 8

| Leave a Comment

The Delhi High Court today fixed December 8 for hearing the pleas against demonetisation which questioned the government allowing certain public utilities including hospitals and petrol pumps to use the old notes. A bench of Chief Justice G Rohini and Justice V K Rao said that it will take up the matter in December as […]

Read more »

Demonetisation: SC to hear transfer plea on Nov 23

| Leave a Comment

The Supreme Court today agreed to hear on November 23 a plea of the Centre seeking transfer of all demonetisation cases to either one high court or the apex court. A bench of Chief Justice T S Thakur and Justice D Y Chandrachud listed the matter after Attorney General Mukul Rohatgi mentioned it and sought […]

Read more »

Demonetisation: No urgent hearing to plea by SC

| Leave a Comment

The Supreme Court today refused to grant urgent hearing to a plea seeking quashing of the Centre’s November 8 notification demonetising Rs 1,000 and Rs 500 currency notes on various grounds, including that political parties and religious institutions have not been allowed to deposit the old notes in banks. “We cannot hear demonetisation issue every […]

Read more »
© 2021 - Legal News India – News Updates of Advocates, Law Firms, Law Institutes, Courts & Bars of India
Cookies help us deliver our services. By using our services, you agree to our use of cookies. More Information