Decision by majority under Section 38 of the Prevention of Money Laundering Act, 2002 is binding on:
PMLA s.38 decides the disputed point according to the majority of Members who heard the case, and that decision, like the Tribunal's order generally, binds the parties to…
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Decision by majority under Section 38 of the Prevention of Money Laundering Act, 2002 is binding on:
Answer and explanation
Correct answer C
PMLA s.38 decides the disputed point according to the majority of Members who heard the case, and that decision, like the Tribunal's order generally, binds the parties to the appeal rather than the Central Government or Enforcement Directorate.