Persons summoned under Section 11(2) of the Prevention of Money Laundering Act, 2002 are bound to-
Section 11(2) says persons summoned "shall be bound to attend" personally or by authorised agents, "as the Adjudicating Authority may direct", to state the truth and to…
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Persons summoned under Section 11(2) of the Prevention of Money Laundering Act, 2002 are bound to-
Answer and explanation
Correct answer B
Section 11(2) says persons summoned "shall be bound to attend" personally or by authorised agents, "as the Adjudicating Authority may direct", to state the truth and to produce documents. A written reply does not replace attendance, and the Authority may permit an agent.