Under Section 21(3) of the Prevention of Money Laundering Act, 2002, if the Adjudicating Authority…
Under PMLA s.21(3)-(4), if the Adjudicating Authority allows continued retention beyond 180 days, it must ensure the records are required for adjudication purposes under…
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Under Section 21(3) of the Prevention of Money Laundering Act, 2002, if the Adjudicating Authority allows continued retention beyond 180 days, it must ensure:
Answer and explanation
Correct answer B
Under PMLA s.21(3)-(4), if the Adjudicating Authority allows continued retention beyond 180 days, it must ensure the records are required for adjudication purposes under s.8, not merely that they are not misused, destroyed after appeal, or transferred to the Special Court.