Section 35 of the Prevention of Money Laundering Act, 2002 primarily establishes that the Appellate…
PMLA s.35 gives the Appellate Tribunal the powers of "a civil court under the Code of Civil Procedure, 1908 while trying a suit" and treats its proceedings as judicial…
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Section 35 of the Prevention of Money Laundering Act, 2002 primarily establishes that the Appellate Tribunal is:
Answer and explanation
Correct answer B
PMLA s.35 gives the Appellate Tribunal the powers of "a civil court under the Code of Civil Procedure, 1908 while trying a suit" and treats its proceedings as judicial proceedings, while freeing it from the CPC's procedure. It is a quasi-judicial appellate body, not a criminal court or an investigating agency.