Under Section 45 of the Prevention of Money Laundering Act, 2002, an offence under PMLA is classified as:
The Explanation to PMLA s.45 clarifies that offences under the Act are cognizable and non-bailable, not non-cognizable and bailable, cognizable and bailable, or…
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Under Section 45 of the Prevention of Money Laundering Act, 2002, an offence under PMLA is classified as:
Answer and explanation
Correct answer D
The Explanation to PMLA s.45 clarifies that offences under the Act are cognizable and non-bailable, not non-cognizable and bailable, cognizable and bailable, or non-cognizable and non-bailable.