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"We would not go into the correctness of the Centre's policy on demonetization as the Supreme Court is already seized of the issue," said the A bench of Chief Justice G Rohini

and Justice VK Rao. The Delhi High Court said on Friday that it will not go into the correctness of the Centre's policy on demonetization as the Supreme Court is already seized of the

issue. A bench of Chief Justice G Rohini and Justice VK Rao also refused to issue any direction to the Centre to remove the cap on daily withdrawal of money deposited by the public in banks

before demonetization of Rs 500 and Rs 1,000 currency notes. "We would not go into the correctness of the Centre's policy on demonetization as the Supreme Court is already seized

of the issue," the bench said. The court said the people can always withdraw their money, so there is not point of issuing any direction. It said that the government decision to put a

cap on weekly withdrawal of Rs 24,000 has come to an end on November 24 midnight, therefore it do not want to go into the merit of the case which has sought quashing of Clause 2 (VI) of the

Centre's notification. "Virtually by way of this writ petition you are challenging the notification on demonetization, we cannot go into it as the Supreme Court is already looking

into it," the bench said, adding that even otherwise "we find that the restriction was till November 24, and the same has expired". The court's order came on a plea by

Ashok Sharma, who, through his counsel A Maitri, had urged for a relief on the ground that the Centre's decision to put a cap on weekly withdrawal of Rs 24,000 is "affecting right

to livelihood" of the people at large. Additional Solicitor General Sanjay Jain, however, said that the two high courts have already dismissed the pleas challenging the demonetization

and the Supreme Court is seized of the issue. He further submitted that the cap on withdrawal was till yesterday midnight and now the government has come out with a new press release with

certain amendments. Yesterday, the Centre had extended till December 15 the facility of using old Rs 500 notes in public utilities and included more services like mobile recharge but stopped

the over-the-counter exchange of defunct currencies and use of Rs 1,000 notes. The petitioner, a resident of Delhi and a businessman, had urged the high court to quash clause 2 (VI) of the

notification by which conditions were imposed on withdrawal of money from bank accounts. "A reading of the notification shows that Clause 2 (VI) was intended for cash deposits, which

were to be tendered between November 9 and December 30. This clause as well as the notification has no connection with the bank deposits, which were made prior to November 8," the plea

had said. "On account of the notification, there is no normal banking transaction available, so the petitioner has been unable to carry out his business and Clause 2 (VI) of the

notification has affected his right to livelihood," Sharma's lawyer had submitted. Under the earlier clause 2 (VI), the weekly withdrawal limit from the banks was Rs 20,000, while

the daily limit was Rs 10,000. Later, the weekly limit was increased to Rs 24,000 and the daily limit was scrapped. From the ATMs, the daily limit is Rs 2,000.