At the previous hearing on March 21, the top court had asked the government to consider creating new categories of people who can be allowed to deposit the invalidated notes.
According to petitioners, Prime Minister Narendra Modi, while announcing demonetisation, had said those who failed to deposit the notes by December 30 would be given more time. The government’s notification issued on November 8 also promised more time after the deadline.
After the government scrapped old bills, rules regarding their exchange and deposit were changed several times.
On December 31, the RBI designated its five offices – Mumbai, New Delhi, Chennai, Kolkata, and Nagpur – to exchange banned currency notes beyond the 50-day demonetisation period.