A bench of justices S S Nijjar and B Sudershan Reddy also reserved its verdict on a petition seeking directions to the government to make public the names of persons who have kept black money in the Liechtenstein Bank.

The Centre opposed the plea and told the apex court that a committee comprising top officers from CBI, ED, IB and other departments has already been formed to deal with the black money cases.

Solicitor General Gopal Subramainum informed the court that the 10-member committee consisting of Revenue Secretary, RBI’s Deputy Director, Directors of CBI, Intelligence Bureau (IB), Enforcement Directorate, Chairman of CBDT, Director General of Revenue Intelligence, chief of Narcotics Control, Director of Foreign Intelligence Office (FIO) and Joint Secretary of Foreign Trade has already been appointed.

The government also opposed the idea of retired Supreme Court judge to be appointed to monitor the functioning of the committee.