Section 42 of the Prevention of Money Laundering Act, 2002 differs from Section 26 because Section 42…
PMLA s.26 sends an appeal against the Adjudicating Authority or Director to the Appellate Tribunal, whereas s.42 sends a further appeal against the Appellate Tribunal's own…
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Section 42 of the Prevention of Money Laundering Act, 2002 differs from Section 26 because Section 42 provides appeal to:
Answer and explanation
Correct answer C
PMLA s.26 sends an appeal against the Adjudicating Authority or Director to the Appellate Tribunal, whereas s.42 sends a further appeal against the Appellate Tribunal's own decision or order to the High Court, not to the Special Court or Adjudicating Authority.