The Supreme Court bench comprises Justices S Abdul Nazeer, BR Gavai, AS Bopanna, V Ramasubramanian and BV Nagarathna will hear pleas challenging the Centre’s decision to demonetize currency notes of Rs 500 & Rs 1000 Tomorrow .
The bench is supposed to fix the date of a detailed hearing. The matter alluded to the Constitution Bench on December 16, 2016, however, the bench was at this point to be comprised.
In an unexpected address to the nation on November 8, 2016, Prime Minister Narendra Modi declared that beginning at 12 PM, existing ₹ 500 and ₹ 1,000 notes could no longer be used for any transactions. In the midst of a gigantic public outcry, the government battled to describe the advantages of the move.
Opposition parties had hammered the move, saying it was reckless and wrecked the Indian economy.
