After search, seizure, or freezing under Section 17 of the Prevention of Money Laundering Act, 2002,…
Section 17(2) requires the authority, "immediately after search and seizure or upon issuance of a freezing order", to forward a copy of the recorded reasons and the material…
Choose your answer
After search, seizure, or freezing under Section 17 of the Prevention of Money Laundering Act, 2002, the authority must-
Answer and explanation
Correct answer C
Section 17(2) requires the authority, "immediately after search and seizure or upon issuance of a freezing order", to forward a copy of the recorded reasons and the material "to the Adjudicating Authority in a sealed envelope". No newspaper notice or police report is provided for.