Allow deposit of old notes, Supreme Court tells Centre:

Allow deposit of old notes, Supreme Court tells Centre: (The Hindu)

Context

  • The SC on Tuesday instructs Centre to open options for genuine persons to deposit their hard-earned demonetized notes.

SC directs Centre

  •  SC suggests that there should be an open window to approach authorities to prove that it is their money.
  •  If the reason given is proved, such deprivation shouldn’t be allowed.
  •  The Centre restricted the grace period till March 31, 2017 only to Indian citizens who were abroad during the period between November 9 and December 30, 2016.
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