Section 23 of the Prevention of Money Laundering Act, 2002 can be invoked by:
PMLA s.23 applies for purposes of adjudication or confiscation under s.8 as well as trial, so the presumption can be invoked by both the Adjudicating Authority and the…
Choose your answer
Section 23 of the Prevention of Money Laundering Act, 2002 can be invoked by:
Answer and explanation
Correct answer C
PMLA s.23 applies for purposes of adjudication or confiscation under s.8 as well as trial, so the presumption can be invoked by both the Adjudicating Authority and the Special Court, not by either alone or by a police officer.