Supreme Court to hear all matters against demonetisation today

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New Delhi, 2 December: The Supreme Court of India will hear all pleas, including the transfer petition filed by the Center on the demonetisation of Rs. 500 and Rs. 1000 currency notes today.

The Center has submitted an affidavit last week on the demonetisation move in the Supreme Court, saying it is an attempt to unearth black money stashed over the last seven decades.

Attorney General Mukul Rohtgi said that the Center has filed a reply in the Supreme Court in compliance with the top court's earlier order on the issue.

Rohtagi told "We have filed the reports starting from the initiation of SIT and all other issues which could be the affect of demonetisation process.

The Centre in its affidavit told the apex court that demonetisation is a step to reduce ratio of cash transaction, adding the objective is to unearth illegal parallel economy.

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