Subject to the legal conditions governing taking possession after confirmation of attachment, which…
Section 8(4) identifies the Director or an officer authorised by him as the authority to take possession in the prescribed manner after confirmation. Current case law: Vijay…
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Subject to the legal conditions governing taking possession after confirmation of attachment, which officer does section 8(4) of the Prevention of Money-laundering Act, 2002 identify as competent to take possession in the prescribed manner?
Answer and explanation
Correct answer B
Section 8(4) identifies the Director or an officer authorised by him as the authority to take possession in the prescribed manner after confirmation. Current case law: Vijay Madanlal Choudhary (Supreme Court, 27 July 2022, paragraphs 304-307) treats physical possession before formal confiscation as exceptional; confirmation alone does not require automatic eviction. The question identifies the competent officer, not an unconditional duty to evict.