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Centre given time till Dec 8 to file counter
The Additional Solicitor General of India Natarajan on Tuesday told the High Court at Hyderabad that the action of the Central government in demonetising high-value currency notes of Rs 500 and Rs 1,000 was in accordance with law.
Hyderabad: The Additional Solicitor General of India Natarajan on Tuesday told the High Court at Hyderabad that the action of the Central government in demonetising high-value currency notes of Rs 500 and Rs 1,000 was in accordance with law.
He cited the orders of the Madurai bench of the Tamil Nadu High Court and of the Karnataka High Court in support of his argument.
The senior law officer of the Union of India was responding to a batch of writ pleas questioning the legal validity of the demonetisation of Rs 500 and Rs1, 000 notes by the government.
The petitioners pointed out that the act was lacking in transparency, illegal and also beyond the scope of the power under Section 26 of the RBI Act.
The Additional Solicitor General informed the court that it was not mandatory to effect the demonetisation only through legislation.
Even a fax communication was enough he said. The bench granted time till December 8 to the Union government to file its counter.
In another development , the bench also took on file a writ plea filed by former Minister M V Mysoora Reddy, complaining that the action was anti-poor and was causing great hardship to the poor and needy.
He said it was patently illegal for the banks to refuse withdrawal of sums on the ground of non-availability of currency notes.
At this stage the acting Chief Justice said even he had a problem in encashing a cheque but we would all have to put up with some minor inconvenience.
The petitioner pointedly said the government cannot be permitted to refuse the use of legal tender and it must at all times have sufficient legal currency
