I was travelling by a BEST Bus route on 524 on 8th of April. I had Rs 500 note and asked the conductor for issuing me the ticket. He mentioned that BEST conductors had been "instructed" (by the officials presumably) that they should NOT accept Rs 500 and 1000 notes. I was asked to offboard from the bus.
My questions are
a) What are my rights as passenger of the BEST service (which has a monopoly over public transportation in Mumbai). esp since i was ready to pay the necessary fare and travel legally.
b) How can any instituion of the country refuse legal tender issued by the Reserve Bank of India.
I would like to hear from the management if BEST in the above points.
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