Under Section 5(5) of the Prevention of Money Laundering Act, 2002, the Director must file a complaint…
Section 5(5) requires the Director or officer who provisionally attaches property to file a complaint stating the facts of such attachment before the Adjudicating Authority…
Choose your answer
Under Section 5(5) of the Prevention of Money Laundering Act, 2002, the Director must file a complaint before the Adjudicating Authority within-
Answer and explanation
Correct answer B
Section 5(5) requires the Director or officer who provisionally attaches property to file a complaint stating the facts of such attachment before the Adjudicating Authority within a period of thirty days from the attachment, not fifteen, sixty, or ninety days.