Bank Closure Affects Law Admissions in Mumbai
Several students getting admission into Law Colleges of Maharashtra had to face problems due to the closure of the banks on 9th October 2016 owing to demonetization of Rs. 1000 & Rs. 500 notes.
Several students seeking admission into Law Colleges of Maharashtra had to face problems due to the closure of the bank on 9th October 2016 as they could not submit the fee in demand draft. All the banks were closed on 9th October in the wake of demonetization of Rs 500 and Rs 1000 by Government of India.
Also Read: Maharashtra Law Admissions: Errors Reported, Fourth Round to be Conducted Again
Being unable to pay the fee through demand draft students approached colleges seeking more time to pay the fees, However, the state CET cell later decided to extend the deadline for law admissions by another two days that is from November 10 to 12.
A principal of a college said that several students whose names appeared in the merit list requested them for an extension of admission time period. There were more than 100 applications for the 40 vacant seats in the college. But they did not reject admissions though students could not produce demand draft. Rather the college told the students to pay the fees later on.
Also Read: Faculty Members of IIT-Madras Laud Govt’s War on Black Money
Another college authority wrote to the CET cell of the state for an extension of the deadline. The number of candidates coming for the admission was very low.
Chandrashekhar Oak, Commissioner of CET cell said that there were few seats that are yet to be allotted. Students will be allowed to change their choice after the sixth round based on the fresh vacancies.
It is to be noted that in an unexpected move Prime Minister of India Narendra Modi announced on 8 November 2016 evening that denominations of Rs 1,000 and Rs 500 were being demonetized so as to weed out rampant corruption, false currency, black money, poverty, and terrorism.