New Delhi: The Central government on Friday informed the Supreme Court that no penal action would be taken against all those who had approached the top court seeking extension of time limit for depositing old Rs 500 and Rs 1,000 notes post-demonetisation.
Attorney General K.K. Venugopal gave this assurance before a three-judge bench of Chief Justice Dipak Misra and Justices A.M. Khanwilkar and D.Y. Chandrachud during the hearing of a fresh writ petition seeking time for depositing the old notes.
Following this assurance, the Bench did not pass any order though advocate Pranav Sachdeva insisted on permission to allow the petitioners to deposit the old notes for now. A Constitution bench is already examining the validity of demonetisation.
It was submitted that some of the petitioners are old, sick and some were abroad and they should be allowed to deposit their notes.
