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Case Law Details

Case Name : Ashwini Kumar Upadhyay Vs Union of India & Ors (Delhi High Court)
Appeal Number : W.P.(C) 7129/2023
Date of Judgement/Order : 29/05/2023
Related Assessment Year :
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Ashwini Kumar Upadhyay Vs Union of India & Ors (Delhi High Court)

Delhi High Court held that there is no requirement of identity proof for exchange of Rs. 2000 denomination banknotes as it is not the case of demonetization but it is a case of mere withdrawal of Rs. 2000 denomination banknotes from circulation.

Facts- The instant writ petition under Article 226 of the Constitution of India has been filed by the Petitioner as a Public Interest Litigation (PIL) seeking for a declaration that the RBI Notification dated 19.05.2023 and SBI Notification dated 20.05.2023, which permits exchange of Rs.2000 denomination banknotes without obtaining any requisition slip and identity proof, is arbitrary and violative of Article 14 of the Constitution of India.

Conclusion- The present case is not the case of demonetisation but withdrawal of Rs.2000 denomination banknotes from circulation. For this purpose, the Government has taken a decision not to insist upon requirement of identity proof for exchange of Rs.2000 denominations banknotes so that everybody can exchange the same with the other denomination banknotes. Therefore, it cannot be said that the decision of the Government is perverse or arbitrary or it encourages black money, money laundering, profiteering or it abets corruption.

FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT

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