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Central Government declared the bank notes of existing series of denomination of the value of five hundred rupees and one thousand rupees

RBI - F. No. 10/03/2016-Cy. I - S.O. 3408(E) - Dated:- 8-11-2016 - MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 8th November, 2016 S.O. 3408(E).-Whereas, by the notification of the Government of India in the Minist .....

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eries of denomination of the value of five hundred rupees and one thousand rupees (hereinafter referred to as the specified bank notes), shall cease to be legal tender on and from the 9th November, 2016; And whereas, it has become necessary to notify .....

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rve Bank of India Act, 1934 (2 of 1934), the Central Government hereby declares that the specified bank notes shall not be ceased to be legal tender, with effect from the 9th November, 2016 until the 11th November, 2016, to the extent of transactions .....

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ent or Public Sector Undertakings buses and airline ticketing counters at airports for purchase of tickets; (c) for purchases at consumer cooperative stores operated under authorisation of Central or State Governments; (d) for purchase at milk booths .....

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