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SC refuses to stay on Demonetization Notification of Government

The Supreme Court on Tuesday declined to stay the November 8 government notification demonetizing Rs. 500 and Rs. 1,000 cash and requested that the Center take quick measures to lighten the hardships and sufferings of the damaged normal man who is “forced” to remain in lines to pull back his very own tad bit hard-earned cash.

“Let us know, rather than forcing citizens to remain in lines for his own cash… what’s more, it is traumatic for individuals to remain in lines for an hours of time doing nothing, why wouldn’t you be able to raise their money withdrawal point of reasonable limit?” Chief Justice T.S. Thakur, who directed a Bench that contained Justice D.Y. Chandrachud, scrutinized the Center.

Taking note of that the zenith court does not have any interfere with the government’s economic policy, Chief Justice Thakur said the goal of demonetization might be a “surgical strike” on dark cash, yet it ought not make hardship the common man.

Senior advocate Kapil Sibal, showing up for one of the four solicitors, said what is depicted as a surgical strike on black money is really a “mass shelling of the common man.”

“Carpenters, masons, day by day workers, housekeeper, vegetable venders are reliant on money; we are just thinking about whether you can do anything to diminish the injury of standard man?” Chief Justice Thakur asked Attorney-General Mukul Rohatgi.

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