The Delhi High Court on April 5 asked the Centre to seriously look into the issue raised in a Public Interest Litigation (PIL) seeking implementation of a Uniform Banking Code for foreign exchange transactions to control black money generation and benami transactions.
A Bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla issued notice to the Centre through Ministries of Home Affairs, Law and Justice and Finance, and asked them to respond to the petition.
Additional Solicitor General Chetan Sharma, representing the Centre, submitted that the petitioner has raised a serious issue which shall be looked into by the government.
