Seized demonetised notes: Claimants can get new notes by showing seizure memo, court order - ShadowTV | Online News Media 24/7 | The Shadow Behind the Truths!

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Seized demonetised notes: Claimants can get new notes by showing seizure memo, court order

With seized old notes of Rs 500 and Rs 1,000 group stuck as court property with authorization organizations, the fund service has issued a notice expressing that candidates can get their cash in new money notes by demonstrating the court request and seizure reminder of the concerned implementation office to the Reserve Bank of India (RBI). 

Government sources revealed to The Indian Express that old cash was kept in the "maalkhana" of different organizations as case property the nation over. Now and again, after demonetisation, petitioners got the notes in old cash regardless of court requests. Sources said this was on the grounds that the offices couldn't trade old monetary forms before March 31, 2017. 

An administration official said that a warning issued on May 12 elucidated that old notes seized before December 30, 2016 can be stored or traded with the RBI by the concerned party by demonstrating a court request or seizure reminder. 

The serial number of the seized noticed, that are to be traded, ought to have been noted by the law authorization organization or delivered under the steady gaze of the court. The legislature has likewise permitted trade of old notes relinquished for the Center or state governments. The warning says that where the notes "appropriated or seized by law requirement offices or created under the steady gaze of a court at the very latest December 30, 2016, such determined certified receipts might be offered, at any office of the RBI indicated under sub-area (1) of segment 4 of the Act or a nationalized bank composed by the RBI for the said reason… "

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