SC: No stay on demonetisation cases in HCs

2000-nThe Supreme Court today refused a plea by the Centre to stay proceedings of demonetization cases in various High Courts across the country. It however sought response of all the petitioners, who have challenged the demonetisation move in different high courts, on a plea by the Centre seeking transfer of all these matters to either the apex court or one of the high courts.
We don’t want to stay it. There are various issues. People may get immediate relief from the high courts,” the bench also comprising Chief Justice Thakur and justices D Y Chandrachud and L Nageswara Rao told Attorney General Mukul Rohatgi.
During the hearing, the bench asked the AG, “We think you must have taken appropriate steps. What is the situation now? How much have you collected so far?”
Responding to it, the AG said the situation is “much better” and more than Rs six lakh crores have been deposited so far in the banks since the demonetisation move.
“More than Rs 6 lakh crores have been deposited so far,” the AG said, adding, “There is a big surge in digital use of money transaction.”

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