SC: Section 22 of Hindu Succession Act Preference For Class-I Heirs Applies to Agricultural Land || Supreme Court: Refund Clause in Sale Agreement Does Not Extinguish Right to Specific Performance || SC Clarifies When a Probate Application Filed After a Testator's Death is Time-Barred || Madras HC: Coordinate Bench Cannot Reopen Issue Already Settled by Another Division Bench || Delhi HC Urges Law to Regulate Media, Notes Anyone with a Mobile Phone Can Claim to be a Journalist || CCI Rejects Allegations of Collusion Involving Reliance Jio and More Than 4,500 Entities || Allahabad HC: Working Mother with Child Custody Cannot Shift Entire Maintenance Liability to Father || Bombay HC: Possessory Suit U/S 6 of the SRA is Maintainable Despite a Licensor-Licensee Relationship || Del HC: Master's Candidates Without the Prescribed Bachelor's Degree are Ineligible as Govt Teacher || Cal HC: BSF Cannot Deny DIG Rank to an Officer Injured in 1995 Road Accident After Earlier Promotion

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 :