SC refuses to consider individual cases for accepting demonetised currency notes, directs petitioners to approach Centre

“After the judgement of the constitution bench, we do not find it will be permissible for us to exercise our jurisdiction under Article 142 of the Constitution in individual cases to accept demonetised currency notes,” the bench iterated.

The apex court bench comprising BR Gavai and Vikram Nath directed the Centre to decide its representation, and consider individual pleas on exchange of demonetised notes within 12 weeks.

It added that in the event of any dissatisfaction with the Union’s actions, the petitioners would be at liberty to approach the high court concerned.

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The Central government announced the demonetisation of all ₹500 and ₹1,000 banknotes on November 8, 2016. In a majority verdict of a five-judge bench, the SC had upheld the Centre’s decision, underlining that the government’s decision-making process could not have been flawed as they were in consultation with the Reserve Bank of India (RBI).