Failure to furnish information under Section 12A of the Prevention of Money Laundering Act, 2002 may…
Failure by a reporting entity to furnish information sought under PMLA s.12A can attract consequences under the Act itself, such as action for non-compliance, not merely…
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Failure to furnish information under Section 12A of the Prevention of Money Laundering Act, 2002 may attract-
Answer and explanation
Correct answer C
Failure by a reporting entity to furnish information sought under PMLA s.12A can attract consequences under the Act itself, such as action for non-compliance, not merely civil liability, departmental action, or no consequence at all.