22 April 2024

Search Results for Tag : Notes

Notifications & Circulars

Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes - Recalibration and reactivation of ATMs(14.11.2016)

It has become necessary to re-calibrate all ATMs/ Cash handling machines to dispense the new design notes following introduction of Mahatma Gandhi (Ne.....

Tags : Task force, Constitution, Bank Notes

Guidance Note on Board Evaluation(05.01.2017)

The Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") contain broad provisions on Board E.....

Tags : Evaluation, Notes, Guidance

Top Story

Possession of old 500 & 1000 rupee notes set to become illegal(29.12.2016)

The Central Government Cabinet had approved an ordinance in respect of possession of old notes as a penal offence. The Cabinet has approved promulgati.....

Tags : Notes, Possession, Legality

Possession of old 500 & 1000 rupee notes set to become illegal(29.12.2016)

The Central Government Cabinet had approved an ordinance in respect of possession of old notes as a penal offence. The Cabinet has approved promulgati.....

Tags : Notes, Possession, Legality

Supreme Court Takes Cognizance Regarding Time Extension of Depositing 1000 & 500 Rupee Notes(21.03.2017)

The Supreme Court has sought reply from the Central Government on a Public Interest Litigation filed alleging change in government stand of accepting .....

Tags : Notes, Deposits, Time, Extension

Judgments

Decision taken by the Government in relation to the economic policies is not ordinarily interfered by the Courts unless arbitrary(29.05.2023)

The instant writ petition under Article 226 of the Constitution of India has been filed by the Petitioner as a Public Interest Litigation (PIL) seekin.....

Tags : RBI Notification, Banknotes, Exchange

Any classification should be based on the description and function of an item as it is imported and not on its end-use(30.11.2023)

The Respondent Larsen and Toubro Ltd. imported G-24 PL 001 GSM Chipset Wavecom (modem) vide Bill of Entry No.2120004 dated 02.09.2009, classifying the.....

Tags : Explanatory Notes, Product, Classification

News

Supreme Court Grants 4 Weeks Time To RBI, Centre On Siblings’ Plea For Exchanging Old Notes(05.09.2017)

Supreme court has given RBI and Finance Ministry four weeks time to file response on a plea seeking extension of window for exchanging demonetized not.....

Tags : Supreme Court, demonetized notes

SEBI Notifies Tight Transfer Norms for P-Notes(14.07.2016)

Securities and Exchange Board of India (SEBI) has notified new norms restricting transfer of Participatory Notes (P-Notes), offshore instruments only .....

Tags : Securities and Exchange Board of India , P-Notes

Withdrawal of all old series of Banknotes issued prior to 2005(23.12.2015)

The Reserve Bank of India has extended the date by which pre-2005 banknotes are to be exchanged to 30 June, 2016. An earlier notification had set 31 D.....

Tags : Banknotes, old series, 2005, withdrawal

Bombay HC Seeks RBI’s Reply over Plea Highlighting Difficulty in Identifying Notes by Blinds(07.12.2016)

Bombay High Court has sought a reply from Reserve Bank of India within six weeks to a plea highlighting difficulty faced by blind persons in identifyi.....

Tags : Bombay HC, RBI, currency notes, coins, blind persons

Withdrawal of Legal Tender Character of existing Rs. 500/- and Rs. 1000/- Bank Notes(09.11.2016)

Please refer to circular DCM (Plg) No. 1226/10.27.00/2016-17 November 08, 2016 on the captioned subject. In order to ensure that the ATMs stop dispens.....

Tags : Bank Notes, Withdrawal, Limits

SEBI Tightens P-Note Norms(20.05.2016)

Securities and Exchange Board of India (SEBI) has tightened rules on issue of Participatory Notes (P-Notes) to bring in more transparency and curb mis.....

Tags : Securities and Exchange Board of India , P-Notes

Discovery of Ink to Curb Fake Printing of Passports and Counterfeiting of Currency Notes(03.03.2020)

CSIR-National Physical Laboratory has developed a bi-luminescent security ink which glows in red and green colours when illuminated by two different e.....

Tags : Discovery, Fake Printing, Currency Notes

RBI to issue of Rs. 100 banknotes with inset letter 'L'(20.04.2016)

The Reserve Bank of India continued its trend of “ascending size of numerals” on bank notes with changes to Rs. 100 currency notes. The notes will be .....

Tags : rbi, banknotes, 100

Bombay HC Rejects Plea to Suo Moto Take Up Issue of Demonetisation of 500 & 1000 Rs. Currency Notes(10.11.2016)

Bombay High Court has turned down plea of two advocates, who had appealed to it to suo moto take up issue of inconvenience citizens are facing after d.....

Tags : Bombay High Court, demonetisation, 500, 1,000, currency notes

Denomination of the notes of value of Rs 200 specified(23.08.2017)

In exercise of the powers conferred by Sub-section (1) of Section 24 of the Reserve Bank of India Act, 1934 and on the recommendations of the Central .....

Tags : Denomination, Notes of value of Rs 200

Madras HC Dismisses Plea Challenging Rejection of Representation of Netaji on Currency Notes(03.09.2021)

Madras High Court has dismissed a plea challenging Centre's rejection of a representation for printing the image of Nethaji Subash Chandra Bose on cur.....

Tags : Madras High Court, Representation of Netaji on Currency Notes

Bombay High Court Quashes FIR Against Mumbai Woman Who Deposited Fake Notes(09.10.2018)

Bombay High Court has quashed an FIR and trial against a 25-year-old woman who was charged with depositing five counterfeit currency notes in her bank.....

Tags : Bombay High Court, Fake Notes, Demonetisation

Gau. HC: Conviction Under Section 489B of Indian Penal Code Set Aside For Lack of Mens Rea(29.02.2024)

Gauhati High Court has set aside the conviction of a man under Section 489B of the Indian Penal Code, 1860 on the ground that no mens rea on the part .....

Tags : Gauhati High Court, Section 489B of IPC, Counterfeited Notes

Issuance of Rs. 500 bank notes without inset letter, in the Mahatma Gandhi (New Series)(08.12.2016)

The Reserve Bank of India will shortly issue Rs. 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing sign.....

Tags : Bank notes, Issuance, Inset Letter

Specified Bank Notes (Cessation of Liabilities) Bill, 2017 Receives President Assent(01.03.2017)

Specified Bank Notes (Cessation of Liabilities) Bill, 2017 that provides for cessation of liabilities on specified bank notes has received assent fr.....

Tags : Specified Bank Notes (Cessation of Liabilities) Bill, 2017

Supreme Court Refuses to Stay Transfer of Cases Relating Demonetization of Rs 500 & Rs 1000 Notes(23.11.2016)

Supreme Court has refused to stay transfer of proceedings against demonetisation of Rs500 and Rs1,000 currency notes across various High Courts in the.....

Tags : Supreme Court, demonetisation, Rs500, Rs1,000, currency notes

Acceptance of old demonitised 500 and 1000 rupee notes for making payments to Central and State Governments including Municipal and local bodies(10.11.2016)

The Central Government has taken a decision that old 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and pena.....

Tags : Notes, De-monetisation, Facility

Delhi HC Rejects PIL Seeking Parole for Inmates for Depositing Old Currencies(08.12.2016)

Delhi High Court has dismissed a PIL seeking parole for inmates or cash counters in prison to help them deposit old notes.

Tags : Delhi High Court, parole, old notes

Madras HC Junks Plea to Declare Rs 2000 Notes Invalid(27.02.2017)

Madras High Court has dismissed a Public Interest Litigation to declare newly introduced ? 2,000 currency notes invalid since they contain numerals in.....

Tags : Madras High Court, 2000 Notes

RBI: Banks Cannot Refuse to Accept Scribbled, Coloured, Faded Bank Notes(01.05.2017)

Reserve Bank of India (RBI) has clarified by its notification dated 25th April 2017 that bank branches cannot refuse to accept scribbled/coloured/fade.....

Tags : Reserve Bank of India, Scribbled, Coloured, Faded Bank Notes

Guidance Note on Board Evaluation(05.01.2017)

Subject of Evaluation i.e. who is to be evaluated;
b.Process of Evaluation including laying down of objectives and criteria to be adopted for ev.....

Tags : Evaluation, Notes, Guidance

Supreme Court on Demonetisation: Why Old Notes by Citizens Not Accepted Till March 31?(21.03.2017)

Supreme Court has said that Modi Government's decision to close March 31 RBI window to deposit old notes smacked of arbitrariness and sought to know w.....

Tags : Supreme Court , demonetisation, old notes

RBI clarifies: No change in existing Currency and Banknotes(06.06.2022)

There are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by rep.....

Tags : No change, Currency, Banknotes

Supreme Court Notices Centre Over RBI's Refusal to Exchange Demonetised Notes(06.03.2017)

Supreme Court has issued a notice to Central Government on a plea challenging Reserve Bank of India’s (RBI) refusal to accept Rs 500 and Rs 1,000 note.....

Tags : Supreme Court, Demonetised Notes, Reserve Bank of India

RBI: New Rs. 500, 2000 Notes From November 10(09.11.2016)

Reserve Bank of India (RBI) Governor, Urjit Patel has said that Apex Bank will launch new Rs 500 and Rs 2,000 currency notes from November 10.

Tags : Reserve Bank of India, New Rs. 500, 2000 Notes

Issue of Rs. 10 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor(20.05.2019)

The Reserve Bank of India will shortly issue Rs. 10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Da.....

Tags : Issue, Rs. 10 Denomination, Banknotes

Issue of Rs. 20 banknotes without inset letter and intaglio printing(29.12.2016)

The Reserve Bank of India will shortly issue Rs. 20 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number .....

Tags : Rs. 20 banknotes, Issuance, Without inset letter

Govt: Specified Notes Confiscated on or before 30.12.2016 Can be Deposited in Any RBI Branch(17.05.2017)

Govt has notified rules regarding deposit of Rs. 1000 and Rs. 500 Currency Notes confiscated on or before 30.12.2016 which makes it possible for enfor.....

Tags : Specified Bank Notes (Deposit of Confiscated Notes) Rules, 2017

Cabinet approves Joint Interpretative Notes on the Agreement between India and Bangladesh for Promotion and Protection of Investments(12.07.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the Joint Interpretative Notes (JIN) on the Agreement be.....

Tags : Interpretative Notes, Investment, Approval

RBI Says ‘Banks Can Accept Coloured Notes’ Appeals to Avoid Dirtying Them(10.03.2017)

Reserve Bank of India has clarified that banks can accept colour-stained notes amid messages circulating on WhatsApp that public sector banks have bee.....

Tags : Reserve Bank of India, Coloured Notes

Calcutta HC Seeks Response on Printing of Subhash Chandra Bose's Picture on Currency Notes(14.12.2021)

Calcutta High Court has sought the Union government's response in a Public Interest Litigation (PIL) seeking directions to print images of Netaji Subh.....

Tags : Calcutta High Court, Printing of Subhash Chandra Bose's Picture on Currency Notes

Issue of Rs. 10 banknotes with improved security features(09.03.2017)

The Reserve Bank of India will shortly issue Rs. 10 denomination banknotes in the Mahatma Gandhi Series-2005 with inset letter 'L' in both the number .....

Tags : Bank Notes, Issuance, Security

Madras HC Refuses to Pass Any Order on Recovered Demonetised Currencies(01.12.2016)

Madras High Court has refused to pass any kind of orders with respect to exchange of demonetised Rs. 500 and Rs. 1,000 currency notes recovered by Pol.....

Tags : Madras High Court, demonetised, currency notes

Withdrawal of old series banknotes issued prior to 2005 deferred(11.02.2016)

The Reserve Bank of India extended the deadline for exchanging pre-2005 banknotes to 30 June, 2016. Exchange on banknotes in 2016 will only be done at.....

Tags : Rbi, banknotes, pre-2005, deadline, extend

Govt. Allows Central District Cooperative Banks To Deposit Scrapped Notes With RBI(21.06.2017)

Government of India has allowed Central District Cooperative Banks to deposit demonetized notes [Rs.500, Rs.1000] with Reserve Bank of India.

Tags : demonetized notes

Withdrawal of Specified Banknotes : Cash requirements of pensioners and Armed Forces Personnel(24.11.2016)

In view of the withdrawal of legal tender character of the Specified Banknotes (SBN) demand for cash is expected from Government officials and pension.....

Tags : Demand, Bank notes, Government officials

Bombay HC Directs to Break Bank Lockers to Unveil Demonetised Notes(05.12.2016)

Bombay High Court has appointed a court receiver to break open two bank lockers belonging to estate of the late classical singer and Sangeet Natak Aca.....

Tags : Bombay High Court, bank lockers , demonetised notes

Calcutta HC Seeks Response on Printing of Subhash Chandra Bose's Picture on Currency Notes(14.12.2021)

Calcutta High Court has sought the Union government's response in a Public Interest Litigation (PIL) seeking directions to print images of Netaji Subh.....

Tags : Calcutta High Court, Printing of Subhash Chandra Bose's Picture on Currency Notes

Supreme Court Asks Centre to Look Into PIL on RBI Branch Exchanging Defaced Currency Notes(08.01.2020)

Supreme Court has asked the Centre on Tuesday to look into a Public Interest Litigation seeking Central Bureau of Investigation probe into the Reserve.....

Tags : Supreme Court, Currency Notes

Delhi High Court to Govt: Examine New Rs 50, Rs 200 notes(01.02.2018)

Delhi High Court has asked the Centre and the RBI to examine the new currency notes and coins, saying the visually-impaired were facing hardship in id.....

Tags : Delhi High Court, Currency Notes

Ker. HC: Bulk Possession of Counterfeit Currency Notes Would Only Lead to Conclusion of Trafficking(21.03.2024)

Kerala High Court held that possessing counterfeit coins in bulk would only lead to the conclusion that the accused carried and possessed them with th.....

Tags : Kerala High Court, Counterfeit Currency Notes, Trafficking

Distribution of Banknotes during November 10 to December 19, 2016(21.12.2016)

Consequent to the announcement of withdrawal of Legal Tender status of banknotes of Rs. 500 and Rs. 1000 denominations from the midnight of November 8.....

Tags : Bank Notes, Distribution

Delhi High Court : Participatory Notes Are Regulated Under the Law(18.09.2015)

Delhi High Court while dismissing PIL, which had claimed that Finance Minister Arun Jaitley had wrongly made a statement that P-Notes were not illegal.....

Tags : Delhi High Court , Participatory Notes

Delhi HC: Demonetised Notes Can’t be Deposited in Court Treasury(15.12.2016)

Delhi High Court has directed that demonetised currency notes of Rs 1,000 and Rs 500 will not be deposited in Court treasury and asked judicial office.....

Tags : Delhi High Court, Demonetised Notes, Court Treasury

Gujarat HC Notices RBI over DCCBs Plea Seeking Permission to Collect Defunct Currencies(15.12.2016)

Gujarat High Court has directed RBI to spell out the "immediate steps" it plans to undertake following requests made by two DCCBs to allow them to col.....

Tags : Gujarat High Court, DCCBs, currency notes

Delhi HC Asks for RBI’s Reply on Plea to Make Notes Identifiable by Visually Challenged Persons(21.08.2019)

Delhi High Court has issued notice to the Deputy Governor of the Reserve Bank of India (RBI) to file an affidavit mentioning the steps taken and the p.....

Tags : Delhi HC, Notes

Withdrawal of Rs. 2000 Denomination Banknotes - Status(03.07.2023)

The Reserve Bank of India had announced the withdrawal of ₹ 2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The t.....

Tags : Withdrawal, Banknotes, Status

SEBI Tightens Norms on P-Notes, Effective July 1(13.06.2016)

Securities and Exchange Board of India (SEBI) has tightened its Know-Your-Client (KYC) and disclosure rules on issue of Participatory Notes (P-notes),.....

Tags : Securities and Exchange Board of India , P-Notes

SC Notices RBI, FM Over Plea For Exchange of Old Notes Found in Dead Parents’ Bank Locker(24.07.2017)

Supreme Court has issued notice to RBI and Finance Ministry on a fresh plea seeking permission to deposit Rs 60 lakh in old notes which were lying in .....

Tags : Supreme Court, Demonetised Notes, Reserve Bank of India

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