New Delhi: The Delhi High Court on Monday dismissed a Public Interest Litigation (PIL) challenging the notifications of the Reserve Bank of India (RBI) and the State Bank of India (SBI) which allowed Rs 2,000 without any ID proof. Notes were allowed to be exchanged. A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad dismissed the petition of BJP leader and advocate Ashwini Kumar Upadhyay.
New Delhi: On Monday, The Delhi High Court dismissed a Public Interest Litigation (PIL) challenging the notifications of the Reserve Bank of India (RBI) and the State Bank of India (SBI) which allowed Rs 2,000 without any ID proof. Notes were allowed to be exchanged. Recently, RBI announced to withdraw Rs 2000 note from circulation. However, it said that these currency notes will continue to be legal tender.
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad dismissed the petition of BJP leader and advocate Ashwini Kumar Upadhyay. Along with this, the facility of exchanging Rs 2,000 notes without filling the slip and showing the identity card will continue. Explain that Upadhyay had also said that RBI and SBI should be instructed to ensure that Rs 2000 notes are deposited in the respective bank accounts only, so that no one can deposit money in other accounts.
Their argument was that it would be easy to identify black money and those with disproportionate assets. Upadhyay’s petition said that according to the central government, every family has an Aadhaar card and a bank account. So why is RBI allowing Rs 2000 notes to be exchanged without ID proof.
At the same time, 80 crore BPL families were also told to get free food grains and it was said in the petition that 80 crore Indians rarely use 2000 rupee notes. Therefore, the petitioner sought directions to RBI and SBI to take steps to ensure that Rs 2000 notes are deposited only in bank accounts.
