SC says demonetisation a serious matter, to hear all petitions
New Delhi: The Supreme Court on Friday decided to hear all petitions including the transfer petition filed by Government of India on December 2.
Attorney General Mukul Rohatgi on Friday told the apex court headed by the chief justice of India T S Thakur that he has placed the Centre's affidavit on record in connection with the issue.
Senior lawyer Kapil Sibal who appeared as one of the petitioners said,"People are starving in the streets as they have no cash at all."
The Chief Justice of India has stated the demonetisation issue as a every serious matter.
On Thursday, the government defended its demonetisation decision by telling SC that the move was aimed to unearth black money stashed over the last seven decades.
What was there in the petition?
- The petition, filed by a lawyer, alleged that sufficient time frame had not been given for the transition and it would create unprecedented chaos and panic among people.
- “Prime Minister’s announcement has come to thwart away the black money, fake currency notes and terrorism; but at the same time, this economic crisis created at the cost of lives of 125 billion of citizens of India, cannot be termed less than ‘economic terrorism’ in the lives of aam admi,” the petition said.
- “All this, not only crushes the economy but also lives of those citizens, who may require money more than the allowed limits and many of them may not have credit or debit cards,” the petition said.