Site navigation

The power to entertain delayed appeals under Section 26 of the Prevention of Money Laundering Act, 2002…

The proviso to PMLA s.26(3) says the Appellate Tribunal "may" entertain an appeal after forty-five days "if it is satisfied that there was sufficient cause" for the delay.…

Choose your answer

The power to entertain delayed appeals under Section 26 of the Prevention of Money Laundering Act, 2002 is:

Select one answer
Answer and explanation

Correct answer B

The proviso to PMLA s.26(3) says the Appellate Tribunal "may" entertain an appeal after forty-five days "if it is satisfied that there was sufficient cause" for the delay. The power is discretionary: there is no automatic condonation on a fee, and the expiry of the period is not an absolute bar.

Find practice for your exam

Related questions in this topic