Under section 9 of the Prevention of Money-laundering Act, 2002, on confiscation, all rights and title…
Section 9 says that on confiscation "all the rights and title in such property shall vest absolutely in the Central Government free from all encumbrances". The vesting is…
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Under section 9 of the Prevention of Money-laundering Act, 2002, on confiscation, all rights and title in the property shall vest-
Answer and explanation
Correct answer C
Section 9 says that on confiscation "all the rights and title in such property shall vest absolutely in the Central Government free from all encumbrances". The vesting is not provisional, and neither the Special Court nor the State Government acquires title.