Supreme Court declines urgent hearing on plea against Delhi HC order on exchange of Rs 2000 notes without ID

SC on Rs 2000 notes: The Supreme Court on Thursday dismissed urgent hearing on a plea difficult the Delhi High Court’s judgement permitting the exchange of Rs 2,000 foreign money notes without any identification. A bench comprising Justices Sudhanshu Dhulia and KV Viswanathan advised advocate Ashwini Upadhyay that the court docket will not be taking over these varieties of instances throughout trip. “You can always make a mention to the Chief Justice of India,” the bench added. 

Upadhyay argued that each one kidnappers, criminals, drug traffickers, and so forth., swap cash, and that within the earlier week, in accordance with media experiences, Rs 50,000 crore was transferred. He requested the court docket to grant a right away hearing within the case, which was declined. “We are doing nothing…bring to the notice of the RBI…”, the court docket added. 

What the advocate contended within the plea? 

Upadhyay pressed that cash was being exchanged by mining mafias and kidnappers as neither there’s a requirement of requisition slip and likewise no identification proof is required.

“This is happening for the first time in the world … I filed a writ in the Delhi High Court and the high court disposed of the matter without issuing notice…this is happening for the first time in the world … entire black money will become white,” mentioned Upadhyay. The bench allowed Upadhyay to say the matter after the holiday.

The plea, filed by advocate Ashwini Kumar Upadhyay, mentioned: “Petitioner submits that while passing the Judgment, the High Court has failed to appreciate that the RBI Notification dated 19.5.2023… and the SBI Notification dated 20.5.2023, which permits exchange of Rs 2,000 banknotes without even obtaining any requisition slip and identity proof, is manifestly arbitrary and irrational and therefore violates Articles 14 (right to equality).”

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It submitted that the RBI admits within the notification that the full worth of Rs 2000 banknotes in circulation has declined from Rs 6.73 lakh crore to Rs 3.62 lakh crore.

“Petitioner submits that this Rs 3.11 lakh crore has reached individuals’ locker and the rest has otherwise been hoarded by the gangsters, kidnappers, contract killers, illegal arms suppliers, money launderers, drug smugglers, hootch peddlers, human traffickers, gold smugglers, black marketeers, spurious medicine manufacturers, tax evaders, cheaters, looters, separatists, terrorists, Maoists, Naxals, mining mafias, land mafias, satta mafias and corrupt government employees, public servants and politicians,” added the plea.

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Delhi HC dismisses plea against RBI and SBI notifications

Earlier on May 29, the excessive court docket dismissed a plea difficult the RBI and SBI notifications, that allows the exchange of the withdrawn Rs 2,000 notes without any identification proof. The RBI’s notification has said that folks have been given time from May 23 to September 30 to exchange or deposit Rs 2,000 notes in order that these could be withdrawn from circulation. These notes will proceed to be authorized tender even after the September 30 deadline, and can be utilized for transactions, the central financial institution had clarified.

(With inputs from businesses) 

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