Demonetisation: PIL filed in Madras HC to declare Rs 2,000 notes invalid
A local DMK functionary, submitted that the numerals on the note were printed in Devanagiri, which is against the Official Languages Act, 1963
Madurai: A PIL was filed in the Madras High Court on Monday for declaring the new Rs 2,000 currency notes as "invalid" on the ground that the value was printed in "Devanagari form of numerals", which is not authorised by the Constitution.
Petitioner K P T Ganesan, a local DMK functionary, submitted that the numerals on the note were printed in Devanagiri, which is against the Official Languages Act, 1963, under which there is no provision for use of Devanagiri numerals.
He contended that the Constitution allows the use of international form of Indian numerals for any official purpose of the Union.
Though there was a provision that Parliament may pass a law to use Devanagari form of numerals on currency notes, after 15 years of the commencement of the Constitution, such an act had not been passed, providing for the use of the Devanagari form of numerals, he contended.
Ganesan claimed under the Reserve Bank of India Act, 1934, there was no provision to print bank notes of Rs 2,000 denomination without the recommendation of the Central Board. Hence, it was just and necessary to declare the currency notes of denomination Rs 2000 as "not valid", he said.
After hearing the arguments, the bench posted the matter for hearing on Tuesday.
Prime Minister Narendra Modi had on 8 November announced demonetisation of Rs 1,000 and Rs 500 notes, making them invalid, in a major assault on black money, fake currency and corruption.
Banking customers should note that the bank holidays will differ in various states and will not be observed by all the banking companies.
This month, a total of 21 bank holidays will be observed, according to RBI guidelines. These include festivals and weekends
When people become victim of cyber fraud, many stay quiet while others cry over it. But one can get the entire amount back, by following some simple steps.