Man Appealed Bombay High Court For Exchange Of Old Notes Worth Rs. 1 Lakh


A 47-year-old Mumbai inhabitant has moved the Bombay High Court for a request to the RBI to trade his demonetised cash notes worth Rs. 1 lakh, which the police had seized from him before. The man’s supplication is probably going to come up for hearing before a seat of Justices Ranjit More and Anuja Prabhudessai on April 3.

Matunga inhabitant Sunil Mody, in his supplication, has asked the court to request that the national bank exchange his old cash notes with the new ones.

Mr Mody argued that he couldn’t exchange the old notes before the December 31, 2016 due date, as the cash was in the police guardianship till March 22.

Mr Mody said he was arrested in 2013 after his wife recorded a case of dowry, criminal terrorizing and bringing on hurt against him.

In like manner, he was chargesheeted and granted bail later.

Over the span of examination, the police had seized from him Rs. one lakh in divisions of Rs. 500 and Rs. 1,000, he said.

He added the notes were come back to him simply after March 22 this on the trial court’s request.

He then moved toward the RBI, which said the office to trade the old, demonetised notes was accessible just to the occupants who were abroad amid the ‘money boycott window’ and not to normal individuals, he battled in his petition.

The petitioner contended that he was not to blame as the money was lying with Matunga police and not with him.