Section 11(2) of the Prevention of Money Laundering Act, 2002 requires summoned persons to produce-
Section 11(2) binds summoned persons to "produce such documents as may be required". The Act does not limit the duty to originals, certified copies or bank records; the…
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Section 11(2) of the Prevention of Money Laundering Act, 2002 requires summoned persons to produce-
Answer and explanation
Correct answer A
Section 11(2) binds summoned persons to "produce such documents as may be required". The Act does not limit the duty to originals, certified copies or bank records; the Adjudicating Authority decides what is needed.