The Supreme Court on Friday (December 16) refused to extend the use of demonetised Rs 500 and Rs 1,000 notes in government utility centres such as hospitals and railway tickets.
The apex court has asked the government to fulfil the commitment of Rs 24,000 withdrawal per week to the extent possible.
The apex court has referred petitions challenging the November 8 notification on demonetisation to a five-judge Constitution bench by framing nine questions for adjudication.
The apex court has stayed proceedings on petitions against demonetisation notification in all high courts and says only apex court will hear them.
Supreme Court accepted the government assurance that Rs 8,000 crore collected by district cooperative banks between November 11 to 14 will be allowed to be exchanged.