A bench led by Justice NV Ramana issued notice to RBI and the Union government on a petition by textile trader K Raman (owner of Ajai Exim) for booking him under the Negotiable Instruments Act for trying to remit Rs 1.17 crore to his vendors on December 30, 2016, (the last day for depositing old Rs 500 and Rs 1,000 notes).
from The Financial ExpressThe Financial Express https://ift.tt/34fTRpB
Friday, 30 August 2019
SC seeks, RBI, government reply on plea of businessman with Rs 1.17 crore scrapped note
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