Our Correspondent / NEW DELHI
The Centre today told the Supreme Court that no criminal action would be taken against those petitioners who were holding old currency notes of 500 and 1,000 denominations till further hearing in connection with the demonetisation issue.
The Apex Court was today hearing 14 individual petitions seeking its nod to deposit demonetised notes and said that a five-judge Constitution Bench would deal with this aspect besides deciding the validity of Centre’s decision to demonetise currency notes.
A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud also said the Constitution Bench would also deal with the individual plea of those who could not deposit their currency notes during the window period provided by the Reserve Bank of India.
The Court then disposed of individual petitions filed by 14 persons.
The apex court had on December 16, last year referred to a Constitution Bench, the issue of validity of government’s decision to demonetise currency notes of Rs 1,000 and Rs 500.