The second proviso to Section 9 of the Prevention of Money Laundering Act, 2002 clarifies that-
The second proviso to PMLA s.9 clarifies that voiding an encumbrance does not discharge any person's liability in respect of it, so such liability, and any related criminal…
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The second proviso to Section 9 of the Prevention of Money Laundering Act, 2002 clarifies that-
Answer and explanation
Correct answer D
The second proviso to PMLA s.9 clarifies that voiding an encumbrance does not discharge any person's liability in respect of it, so such liability, and any related criminal proceedings, are unaffected.