November 19, 2019
That is not black money
You are bringing politics into court room.Mukul Rohatgi, who was appearing for
the Centre, submitted to the court that there is no crisis or tension in the
country. From newspaper reports we know the inconvenience and difficulty faced
by public. Under what law can they be stopped from withdrawing their own money?
Banks are just conical
twin screw barrels Suppliers trustees of the money.â€On cases being filed
across the country, the CJI observed that "People have started becoming frantic
for money, braving queues for hours. People are patiently standing in lines,†he
said. The very fact that cases are being filed in courts all over is a signal
that the problem is serious and of magnitude.50 lakh for weddings and farmers
will get Rs 25,000.
That is completely wrong.S. We had asked you to give them
relief but you have squeezed them further. You file a proper petition for that.
He said the difficulty was not just printing but also transportation of notes to
banks and post offices, as well as recalibration of ATMs."This is very serious.
Thakur. Don’t you have sufficient notes? Is the difficulty in the printing
part?â€The AG acknowledged that there is a shortage of Rs 100 notes as the now
defunct Rs 500 and Rs 1,000 notes totalled 86 per cent of the currency in
circulation before November 8.
Was my press conference held inside a courtroom?
Why are you bringing that here? I have freedom of speech to criticise government
policies.Taking exception to the insinuation, Mr Sibal said the government is
inept and clueless about handling the situation that has arisen because of the
ill-planned demonetisation. People have become frantic for money, people are
affected.
We cannot shut our doors to the people. Only 75,000 out of two lakh
ATMs are working. I am talking here about the problem faced by people not
politics,†Mr Sibal retorted. Only people with Mercedes can afford to swipe
their cards at petrol bunks, not farmers. (Photo: PTI) New Delhi: The Supreme
Court on Friday warned the Centre of "riots in the streets†if the difficulties
being faced and braved by people in obtaining cash are not addressed at the
earliest. You are speaking the same language here in court on demonetisation.â€
He also informed the court that 23 lakh crore notes have to be printed, currency
worth Rs 14 lakh crore is frozen and that, from November 8, only about Rs 9 lakh
crore is in circulation. Please don’t dispute it. I heard you in the press
conference yesterday.
Would we be issuing notifications by the day, by the hour,
if we were not concerned about the people’s problems? The length of the lines
are reducing by the day.Explaining the measures taken by the government, Mr
Rohatgi said the withdrawal limit has been enhanced to Rs 2. A family walked 20
kilometer from Bastar to an ICICI bank branch. If you want, let your party file
a petition,†the AG told Mr Sibal.The CJI, however, contradicted him sharply and
said, "People are frantic.
The situation is serious, cash economy is being
frozen, people are unable to buy anything. Dave, refused to stay the petitions
pending in various high courts challenging demonetisation of Rs 500 and Rs 1,000
notes as sought by attorney general Mukul Rohatgi.The bench asked Mr Sibal to
put down his suggestions and problems by substantiating his charges and posted
the matter for further hearing on November 25. Mr Rohatgi, who was appearing for
the Centre, submitted to the court that there is no crisis or tension in the
country. This will require great consideration.
That is not black money. We will
have riots in the streets,†observed Chief Justice T. People in remote areas of
the country don’t have ATMs or banks. 800 crore people in this country earn less
than Rs 10,000 a month.â€Senior counsel Kapil Sibal, appearing for the
petitioners, said, "Forty-seven people have died after November 8, as an
after-effect of the demonetisation. The two-judge bench, which included Justice
Anil R. Supreme Court of India. We can only consider transferring the cases to
one high court, viz Delhi high court. We also got to know that you have reduced
the old currency exchange limit to Rs 2,000 from Rs 4,500.Questioning the AG’s
contention, Mr Sibal said, "What lies inside ATMs and banks is people’s
legitimate money and they are struggling to get it.
We have started measures
where people can swipe their cards at petrol pumps and withdraw Rs 2,000,†he
said, and added, "We are monitoring the situation.. They are going to the courts
for relief.â€These submissions provoked the AG and he accused Mr Sibal of
politicising court proceedings because of his affiliation with the Congress
Party
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