In Section 24(a) of the Prevention of Money Laundering Act, 2002, if the accused proves that proceeds…
Under PMLA s.24(a), if the accused proves that the proceeds are not involved in money-laundering, the presumption is rebutted, rather than being maintained, leading to…
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In Section 24(a) of the Prevention of Money Laundering Act, 2002, if the accused proves that proceeds are not involved in money-laundering:
Answer and explanation
Correct answer B
Under PMLA s.24(a), if the accused proves that the proceeds are not involved in money-laundering, the presumption is rebutted, rather than being maintained, leading to automatic dismissal, or leaving the trial unchanged.