Before passing order under Section 8(2) of the Prevention of Money Laundering Act, 2002, the…
Section 8(2) requires the Adjudicating Authority, before recording a finding, to consider the reply to the notice, hear the aggrieved person and the Director or authorised…
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Before passing order under Section 8(2) of the Prevention of Money Laundering Act, 2002, the Adjudicating Authority shall consider-
Answer and explanation
Correct answer A
Section 8(2) requires the Adjudicating Authority, before recording a finding, to consider the reply to the notice, hear the aggrieved person and the Director or authorised officer, and take into account all relevant materials on record, not police opinion, a CrPC statement, or a confession alone.