Can’t allow Deposit of Old Notes After Dec 31, 2016: Centre To SC

The Central Government on 07th April informed the Supreme Court vide a 27-page affidavit that there is no need to open the window allowing all categories of people to deposit old demonetised notes of Rs 500 and Rs 1000 after December 31, 2016 under some special circumstances as no justifiable reason exists either in law or on facts to invoke its power under section 4 (1) (ii) of the Ordinance to entitle any person to tender within the grace period the specific bank notes. Earlier, Supreme Court had asked Attorney General for India Mukul Rohatgi to file an affidavit explaining if the government...