Bombay HC: Railway Employee With Valid Privilege Pass is Bona Fide Passenger Despite Missing Entries || Delhi High Court: Mere Pleadings Made To Prosecute or Defend a Case Do Not Amount To Defamation || Delhi High Court: Asking an Accused To Cross-Examine a Witness Without Legal Aid Vitiates The Trial || Delhi High Court: Recruitment Notice Error Creates No Appointment Right Without Vacancy || Supreme Court: Subordinate Legislation Takes Effect Only From its Publication in The Official Gazette || Supreme Court: DDA Must Adopt a Litigation Policy To Screen Cases and Avoid Unnecessary Filings || Authorities Holding Public Auctions Must Disclose All Known Encumbrances and Related Litigation || SC: Compensatory Allowances Must Be Included While Computing Overtime Wages U/S 59 of Factories Act || SC: NGT Has No Jurisdiction to Decide Disputes Relating to Building Plan Violations || SC: Evidence is Often Fabricated Using AI And False Allegations are Rampant in Matrimonial Cases

Withdrawal of old series banknotes issued prior to 2005 deferred- (Reserve Bank of India) (11 Feb 2016)

MANU/RDCM/0002/2016

Banking

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 certain bank branches. Separate facility for the same will have to be provided, as exchange cannot be facilitated at ATMs or over the counter. The date facilitating exchange of old banknotes has now been postponed by over one and half years since it was first introduced.

Relevant : Withdrawal deferred to 31 December, 2015 MANU/RDCM/0003/2015 Withdrawal of banknotes prior to 2005 MANU/RDCM/0002/2014

Tags : RBI BANKNOTES PRE-2005 DEADLINE EXTEND

Share :