''
I feel in this case the party can directly approach the reserve bank branch to deposit the amount giving proper explanation. That way they can save money from spending as lawyer's fee. If one is not corrupt he/
she
can boldly give the explanation (even an affidavit) at the time of depositing the money in RBI. If the money that i
s hidden run
s
into crores then there is reason to suspect the party.Probably the number of cases where they forget the hidden money may be
a
few and may run into a maximum of one or two lakhs in each case.''
D.S.Ranga Rao
8379813275
9969 069 144
---------- Forwarded message ----------
From: Prabhakara Rao <prabhakara50@gmail.com>
Date: Wed, Jan 11, 2017 at 8:57 PM
Subject: Re: [IAC#RG] Suggestions Invited: Accidental Discovery of demonetised currency at home post Dec 30 Deadline
To: Ranga Rao <dsrangarao@gmail.com>
From: Prabhakara Rao <prabhakara50@gmail.com>
Date: Wed, Jan 11, 2017 at 8:57 PM
Subject: Re: [IAC#RG] Suggestions Invited: Accidental Discovery of demonetised currency at home post Dec 30 Deadline
To: Ranga Rao <dsrangarao@gmail.com>
I feel in this case the party can directly approach the reserve bank branch to deposit the amount giving proper explanation. That way they can save money from spending as lawyer's fee. If one is not corrupt he can boldly give the explanation (even an affidavit) at the time of depositing the money in RBI. If the money that was hidden running into crores then there is reason to suspect the party.
Probably the number of cases where they forget the hidden money may be few and may run into a maximum of one or two lakhs in each case.
Regards,
Prabhakara Rao
On Wed, Jan 11, 2017 at 7:08 PM, Ranga Rao <dsrangarao@gmail.com> wrote:
Regards,
D.S.Ranga Rao
83798132759969 069 144---------- Forwarded message ----------
From: MG Kapoor <mgkapoor.1962@gmail.com>
Date: Wed, Jan 11, 2017 at 1:02 PM
Subject: Re: [IAC#RG] Suggestions Invited: Accidental Discovery of demonetised currency at home post Dec 30 Deadline
To: indiaresists@lists.riseup.netI feel filing a writ petition in the High Court may be, perhaps, the best answer. Your case appears very genuine. You may implead Governor RBI and the Union of India (through the Secretary, Ministry of Finance) as the parties. The writ application should be from your wife who should support the averments on affidavit, giving details as to how she came to be in possession of the money. It is a known fact that wives do save money from the household expenses given to them by their husbands, gifts from parents, brothers etc. And they do keep such money in such places as cannot be detected by anyone, including the husband, or be stolen. And at times wives do forget where they kept the money.But unfortunately litigation is expensive. It may be a case of the monkey gaining from the fight between two cats - I mean lawyer may gain by way of fee.The strongest ground could be "The promise that the RBI Governor has made to pay on demand". Such promise cannot be revoked at the instance of the third Party (Govt).Another sound ground being that Mr Modi had earlier promised that after 31 Dec 2016 one could deposit the old currency with the RBI till 31 March 2017.High Court has the power and in an appropriate case may issue writ.I wish you success.MG
Sent from my iPhoneWhile packing to move house, in Bangalore, my wife and I discovered, yesterday, one lakh rupees in demonetised notes in our steel cupboard, which we had kept aside for medical and other emergencies (we are both well above 60 years and retired from government service- army and banking), and overlooked to deposit by Dec 30.Can anyone, under the unexpected circumstances, suggest the best possible solution to help us out and whom to contact for same?
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