{"id":649,"date":"2018-01-15T07:08:02","date_gmt":"2018-01-15T07:08:02","guid":{"rendered":"http:\/\/www.wakilsahab.in\/news\/?p=649"},"modified":"2018-01-15T07:08:02","modified_gmt":"2018-01-15T07:08:02","slug":"note-ban-supreme-court-seeks-response-on-tamil-nadu-based-cooperative-bank-plea","status":"publish","type":"post","link":"https:\/\/www.wakilsahab.in\/news\/note-ban-supreme-court-seeks-response-on-tamil-nadu-based-cooperative-bank-plea\/","title":{"rendered":"Note ban: Supreme Court seeks response on Tamil Nadu based cooperative bank plea"},"content":{"rendered":"<p>Source &#8211;<strong>\u00a0financialexpress.com<\/strong><\/p>\n<p style=\"box-sizing: border-box; background: none 0px 0px repeat scroll transparent; border: 0px none; font-size: 17px; margin: 0px; outline: none 0px; padding: 0px 0px 20px; vertical-align: baseline; line-height: 30px; color: #3e3e3e; font-family: 'Droid Serif', sans-serif;\">The Supreme Court on Tuesday sought response from the finance ministry, the Reserve Bank of India (RBI) and others on a petition filed by Villupuram District Central Cooperative Bank, seeking permission to deposit Rs 21.56 crore in demonetised Rs 500 and Rs 1,000 notes.<\/p>\n<p style=\"box-sizing: border-box; background: none 0px 0px repeat scroll transparent; border: 0px none; font-size: 17px; margin: 0px; outline: none 0px; padding: 0px 0px 20px; vertical-align: baseline; line-height: 30px; color: #3e3e3e; font-family: 'Droid Serif', sans-serif;\">The Tamil Nadu-based co-op bank claimed that the amount was held by it as cash in hand at the close of business hour on November 8, 2016, the day the Prime Minister in a televised address to the nation had declared that high denomination notes of Rs 500 and Rs 1,000 will no longer be legal tender so as to curb\u00a0black money\u00a0and corruption. A bench led by Chief Justice J S Khehar, while issuing notice to the government, the RBI and the National Bank for Agricultural and Rural development, also tagged the petition with similar pleas pending before it.<\/p>\n<p style=\"box-sizing: border-box; background: none 0px 0px repeat scroll transparent; border: 0px none; font-size: 17px; margin: 0px; outline: none 0px; padding: 0px 0px 20px; vertical-align: baseline; line-height: 30px; color: #3e3e3e; font-family: 'Droid Serif', sans-serif;\">Senior advocate CA Sundaram, appearing for the cooperative bank, said it could not deposit the entire stock of currency notes and sought parity with other banks.<\/p>\n<p style=\"box-sizing: border-box; background: none 0px 0px repeat scroll transparent; border: 0px none; font-size: 17px; margin: 0px; outline: none 0px; padding: 0px 0px 20px; vertical-align: baseline; line-height: 30px; color: #3e3e3e; font-family: 'Droid Serif', sans-serif;\">\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.wakilsahab.in\/news\/note-ban-supreme-court-seeks-response-on-tamil-nadu-based-cooperative-bank-plea\/\"\n\t\t\t  \tdata-numposts = \"5\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground:  !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 100% !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Source &#8211;\u00a0financialexpress.com The Supreme Court on Tuesday sought response from the finance ministry, the Reserve Bank of India (RBI) and others on a petition filed by Villupuram District Central Cooperative Bank, seeking permission to deposit Rs 21.56 crore in demonetised Rs 500 and Rs 1,000 notes. The Tamil Nadu-based co-op bank claimed that the amount [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[256,255,7],"class_list":["post-649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cooperative-bank-plea","tag-note-ban","tag-supreme-court"],"_links":{"self":[{"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/posts\/649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/comments?post=649"}],"version-history":[{"count":1,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/posts\/649\/revisions"}],"predecessor-version":[{"id":1106,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/posts\/649\/revisions\/1106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/media\/1105"}],"wp:attachment":[{"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/media?parent=649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/categories?post=649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wakilsahab.in\/news\/wp-json\/wp\/v2\/tags?post=649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}