Section 11 of the Prevention of Money Laundering Act, 2002 ensures that proceedings before the…
Section 11 arms the Adjudicating Authority with civil-court powers, and s.11(3) makes every proceeding under it "a judicial proceeding within the meaning of section 193 and…
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Section 11 of the Prevention of Money Laundering Act, 2002 ensures that proceedings before the Adjudicating Authority are-
Answer and explanation
Correct answer C
Section 11 arms the Adjudicating Authority with civil-court powers, and s.11(3) makes every proceeding under it "a judicial proceeding within the meaning of section 193 and section 228" of the IPC (now the corresponding BNS provisions). Its summons bind those called, so its proceedings are neither informal nor advisory.