PIL challenging the exchange of ₹2,000 banknotes without ID proof dismissed by the Delhi HC

The Delhi High Court dismissed a Public Interest Litigation (PIL) challenging the ability to exchange ₹2,000 banknotes without a demand slip and identification documentation on May 29

Attorney Ashwini Upadhyay filed the petition on May 23 arguing that the RBI and SBI's notifications in this matter are arbitrary, irrational and in violation of Article 14 of the Indian Constitution.

Senior attorney Parag Tripathi, who spoke on behalf of the RBI, asked the panel to reject the claim on the grounds that the SC constitution bench has repeatedly reaffirmed its inability to intervene with the country's economic policies.

Tripathi added that the removal of ₹2,000 notes is not the result of demonetisation but rather a statutory procedure and is not a matter of public concern.

After hearing from all parties, the bench dismissed Upadhyay's PIL.

According to Upadhyay's appeal, a significant portion of the money has either found its way into someone's locker or has 'been hoarded by the separatists, terrorists, Maoists, drug smugglers, mining mafias & corrupt people.'