Due to the government’s decision to demonetize high currency notes of Rs 500 and Rs 1000, the Supreme Court bench, led by Chief Justice of India T S Thakur and Justice A R Dave, observed that queues outsides banks and ATMs indicated a crisis scenario for the people. The Supreme court asked both parties to be ready with data in writing explaining the multiple sides to the demonetization decision.
Supreme Court: “Last time you said there will be relief for people in the coming days but you have squeezed the exchange limit to Rs 2,000 only. What is the difficulty? It is a serious issue which requires consideration”.
Calcutta High Court: ”The bench highlighted the needs for “some measures to alleviate the sufferings of the common people”.
Supreme Court: “Some measures are required. See the kind of problems people are facing. It is a crisis. People have to go to the high court. If we shut them from going to the high court, how can we know the magnitude of the problem. People going to different courts indicates the magnitude of the problem”.
*Supreme Court: “Ordinary people are affected. People are frantic. People have the right to approach courts”.
Calcutta High Court: ”There must be some measures for those having illness or some kind of uegency”.