Demonetisation: Delhi HC to Hear Plea Against Rs 2000 Notes Today

90

The Delhi High Court on Tuesday will hear a plea that seeks withdrawal of the newly introduced Rs 2,000 notes and roll-back of demonetisation.

The PIL was mentioned before a division bench of Justice B.D. Ahmed and Jayant Nath, which posted the matter for hearing on November 22.

The plea filed by Pooja Mahajan, a Delhi-based fashion designer, said the decision was “arbitrary and unconstitutional”.

The petition said that on November 8, the central government issued two notifications under the RBI Act.

By the first notification, the high value currency notes of Rs 500 and Rs 1,000 were banned and by the second notification, the notes were revalidated for certain categories like making payments in government hospitals, pharmacies, railway ticketing counters etc., said the plea.

These two notifications run contrary to each other, the second notification superseded the first notification, and hence the Rs 500 and Rs 1,000 currency notes must be accepted as legal tender, the petition added.

The petition challenged the constitutionality and validity of the issuance of Rs 2,000 notes by the government contending that the notification directing the issuance of the Rs 2,000 notes is bad in law because under Section 24(2) no such notification for issuing/circulating bank notes can be passed.(IANS)
In a related development, the tax department conducted surveys at 10 locations in Bengaluru and Hyderabad of high-end event management firms, catering and multi-media service providers who were engaged for the wedding.

“On receiving reports of heavy spending for the opulent wedding, the officials have initiated the action to check the account books, payment receipts and contract portfolios of the firms which specialise in creating special ambience and customised display for special events,” said sources on the condition of anonymity.

The firms are learnt to have supplied special Swiss tents, expensive cutlery, multi-cuisine food and pyrotechnics for the gala wedding in the city centre.

The extravagant event was surreal as Brahmani married Rajeev, son of a prominent Hyderabad industrialist Vikram Deva Reddy, with Vedic rituals by a dozen priests from the famous Tirupati temple in the neighbouring Andhra Pradesh state.

The grandeur of the wedding venue had sets of Vitthala temple at Hampi in north Karnataka and the seat of the erstwhile Vijayanagara empire.

The 49-year-old Reddy, a former BJP lawmaker, is on bail after languishing for 40 months in jail for his alleged involvement in the multi-core mining scam that rocked the southern state in 2010-11.

Though Reddy has been maintaining a low profile since his release in January 2015 on conditional bail by the Supreme Court, an expensive marriage invitation he sent out nearly a month ago with an LCD screen playing a pre-wedding video raised eyebrows and brought him back into the limelight.

On the same day, T. Narasimha Murthy, 52, a Bengaluru-based legal activist, had submitted a memo to V.L. Balakrishnan, Directorate General of Income Tax, to investigate how much money Reddy was spending on the wedding, as he had hired the royal palace for five days since November 12, invited several film stars from Chennai, Hyderabad and Mumbai and other celebrities for the reception, and flown in cultural troupes from abroad, including Brazilian dancers.

Barring a local news channel, funded by Reddy, media was barred from covering the wedding, as it is a family event and due to security constraints.

“Reddy hired about 3,000 bouncers and security guards to prevent media and activists like me from barging into the venue and asking him on the vulgar display of his ill-gotten wealth he amassed through illegal mining,” Murthy told IANS then.

96 total views, 1 views today