Why government will not extend deadline to deposit old currency notes


The Supreme Court had on Tuesday directed the Centre to file an affidavit asking if it would allow deposit of old currency notes till March 31. The Centre, however, made it clear to the SC that the law will prevail over this issue.

Attorney General of India Mukul Rohatgi said that it was decided that demonetised currency could not be deposited after December 30, 2016.

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