Opportunity of hearing under the proviso to Section 9 of the Prevention of Money Laundering Act, 2002…
The first proviso to section 9 requires "an opportunity of being heard to any other person interested in the property attached under this Chapter or seized or frozen under…
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Opportunity of hearing under the proviso to Section 9 of the Prevention of Money Laundering Act, 2002 is given to-
Answer and explanation
Correct answer C
The first proviso to section 9 requires "an opportunity of being heard to any other person interested in the property attached under this Chapter or seized or frozen under Chapter V" before an encumbrance or lease-hold interest is declared void. The hearing is not limited to the accused, and the Director and the Public Prosecutor are not the persons whose interests are at stake.