Under Section 6(5)(a) of the Prevention of Money Laundering Act, 2002, the jurisdiction of the…
Section 6(5)(a) provides that the jurisdiction of the Adjudicating Authority may be exercised by Benches thereof, so its powers are distributed through Benches rather than…
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Under Section 6(5)(a) of the Prevention of Money Laundering Act, 2002, the jurisdiction of the Adjudicating Authority may be exercised by-
Answer and explanation
Correct answer C
Section 6(5)(a) provides that the jurisdiction of the Adjudicating Authority may be exercised by Benches thereof, so its powers are distributed through Benches rather than being confined to a single Member, the Chairperson alone, or exercised by Special Courts.