Following the Reserve Bank of India’s (RBI) recent decision to withdraw the ₹2,000 denomination banknotes from circulation, a public interest litigation (PIL) petition has been filed before the Delhi High Court to not allow the exchange of ₹2,000 banknotes without obtaining any requisition slip and identity proof.
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Advocate Ashwini Kumar Upadhyay, in his petition, sought direction to ensure that ₹2,000 banknotes are “deposited in respective bank accounts only so that no one could deposit the money in others’ bank account”.