Under section 9 of the Prevention of Money-laundering Act, 2002, the expression "free from all…
The phrase "free from all encumbrances" in PMLA s.9 means no mortgage, charge or other encumbrance survives the vesting, not that such charges continue or that only…
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Under section 9 of the Prevention of Money-laundering Act, 2002, the expression "free from all encumbrances" means-
Answer and explanation
Correct answer C
The phrase "free from all encumbrances" in PMLA s.9 means no mortgage, charge or other encumbrance survives the vesting, not that such charges continue or that only government dues remain.