Section 25 of the Prevention of Money Laundering Act, 2002 ensures that appeals against PMLA authorities:
PMLA s.25 sends appeals against "the orders of the Adjudicating Authority and the other authorities under this Act" to a single body, the Appellate Tribunal constituted…
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Section 25 of the Prevention of Money Laundering Act, 2002 ensures that appeals against PMLA authorities:
Answer and explanation
Correct answer B
PMLA s.25 sends appeals against "the orders of the Adjudicating Authority and the other authorities under this Act" to a single body, the Appellate Tribunal constituted under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976. The Director has no revisional role, and an appeal does not wait for confiscation.