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Chicko Sangma   19 November 2022

exchange of demonitised currency notes

sir,
Whether Sessions Court can pass the order directing the RBI office Bank for the deposit exchange of the demonitised currency notes seized by the law enforcing agency before 30-12-2016, in the year 2022 on being released to its rightful owner?


 1 Replies

S. Gupta (Legal Scholar)     23 December 2024

Yes, a Sessions Court can pass an order directing the RBI to exchange demonetized currency notes seized by a law enforcement agency before 30-12-2016, if the court deems it necessary. This has been done in similar cases where the court exercised its jurisdiction to ensure justice.


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