Section 17(4) of the Prevention of Money Laundering Act, 2002 requires that an application for…
Section 17(4) requires the authority seizing or freezing a record or property to file an application for retention or continued freezing "within a period of thirty days from…
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Section 17(4) of the Prevention of Money Laundering Act, 2002 requires that an application for retention of seized or frozen property be filed-
Answer and explanation
Correct answer B
Section 17(4) requires the authority seizing or freezing a record or property to file an application for retention or continued freezing "within a period of thirty days from such seizure or freezing" before the Adjudicating Authority. The Special Court does not deal with retention applications.