The Centre on Friday informed the Supreme Court that holding old cash of Rs 500 and Rs 1000 notes which were scrapped by the government.
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New Delhi: The Centre on Friday informed the Supreme Court that holding old cash of Rs 500 and Rs 1000 notes which were scrapped by the government on November 8, 2016, after the deadline of December 31, 2016 is illegal.
Attorney General made this submission before a Bench hearing a batch of petitions challenging the government’s decision not to accept old notes in RBI upto March 31.
( Source : Deccan Chronicle. )
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