Case Law Analysis
|Bombay High Court
Specified Bank Notes Act | Seized Demonetised Currency Must Be Exchanged If Legitimate and Held by Authorities Beyond Cut-Off : Bombay HC (Nagpur Bench)
Bombay High Court rules that demonetised currency notes seized before the exchange cut-off date but returned post-deadline must still be exchanged if their legitimacy is undisputed. The judgment protects citizens from procedural delays caused by state authorities, reinforcing natural justice under the Specified Bank Notes Act.