Under section 13(3) of the Prevention of Money-laundering Act, 2002, to whom shall the Director forward…
Section 13(3) says the Director "shall forward a copy of the order" to every banking company, financial institution, intermediary or person "who is a party to the…
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Under section 13(3) of the Prevention of Money-laundering Act, 2002, to whom shall the Director forward a copy of the order passed under subsection (2)?
Answer and explanation
Correct answer B
Section 13(3) says the Director "shall forward a copy of the order" to every banking company, financial institution, intermediary or person "who is a party to the proceedings". The Central Government, the Special Court and the Tribunal are not named.