The Appellate Tribunal under Section 25 of the Prevention of Money Laundering Act, 2002 is:
PMLA s.25 creates no new body: "the Appellate Tribunal constituted under sub-section (1) of section 12" of the Smugglers and Foreign Exchange Manipulators (Forfeiture of…
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The Appellate Tribunal under Section 25 of the Prevention of Money Laundering Act, 2002 is:
Answer and explanation
Correct answer C
PMLA s.25 creates no new body: "the Appellate Tribunal constituted under sub-section (1) of section 12" of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 is to be the Appellate Tribunal under PMLA. It is distinct from the Special Court and from company-law tribunals.