Section 41 of the Prevention of Money Laundering Act, 2002 prevents parallel proceedings by:
By ousting civil court jurisdiction over matters PMLA authorities are empowered to determine, PMLA s.41 prevents parallel proceedings being brought before civil courts, not…
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Section 41 of the Prevention of Money Laundering Act, 2002 prevents parallel proceedings by:
Answer and explanation
Correct answer C
By ousting civil court jurisdiction over matters PMLA authorities are empowered to determine, PMLA s.41 prevents parallel proceedings being brought before civil courts, not criminal courts, revenue authorities, or High Courts.