Under Section 8(2) of the Prevention of Money Laundering Act, 2002, the Adjudicating Authority records…
Section 8(2) directs the Adjudicating Authority to "record a finding whether all or any of the properties referred to in the notice" are involved in money-laundering. Guilt…
Choose your answer
Under Section 8(2) of the Prevention of Money Laundering Act, 2002, the Adjudicating Authority records a finding whether-
Answer and explanation
Correct answer D
Section 8(2) directs the Adjudicating Authority to "record a finding whether all or any of the properties referred to in the notice" are involved in money-laundering. Guilt is for the Special Court, benami questions arise under the benami law, and proof of the scheduled offence is for the court trying it.