New Delhi

The Constitution Bench of the Supreme Court will hear today pleas challenging the centre's decision to demonetise currency notes of Rs 500 and Rs 1,000 in 2016.

Five Judge bench headed by Justice Abdul Nazeer will hear the matter on Wednesday. Other judges on the bench include Justices BR Gavai, AS Bopanna, V Ramasubramanian and BV Nagarathna.

Various petitions were filed arising from the decision of the Government of India to demonetise the old notes of Rs 500 and Rs 1,000.

The court will also deal with issues of whether the notification has been validly issued under the Reserve Bank of India Act, 1934 and whether it is ultra vires Articles 14 and 19 of the Constitution.

ALSO READ: Centre bans PFI for five years

The court will also consider whether the notification violates Articles 14 and 19 of the Indian constitution.