"Today we gave a notice in the Rajya Sabha to discuss the issue suspending business under Rule 267 on November 16," TMC leader in the Upper House Derek O'Brien told PTI.
Derek, also the chief national spokesperson of TMC, said it was vital that the black money hoarders and the corrupt were punished, but it must not be done by inconveniencing the common people and the poor.
He said there must be a proper action plan for implementation of such an extensive move which directly affects millions, especially the middle class and the poor.
Hitting out at the Centre over the decision, Chief Minister and TMC supremo Mamata Banerjee had earlier said the demonetisation has resulted in a "complete disaster and chaos" and had urged the Modi government to rescind the "hasty decision".
"Please save people from this disaster. Roads are closed, markets shut, patients not being admitted to private hospitals, millions affected. Chaos everywhere," Banerjee had said on Wednesday.