Under the Prevention of Money-laundering Act, 2002, after confiscation, the Special Court may direct…
Section 8(8) lets the Special Court direct the Central Government "to restore such confiscated property or part thereof of a claimant with a legitimate interest in the…
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Under the Prevention of Money-laundering Act, 2002, after confiscation, the Special Court may direct restoration of property to-
Answer and explanation
Correct answer C
Section 8(8) lets the Special Court direct the Central Government "to restore such confiscated property or part thereof of a claimant with a legitimate interest in the property, who may have suffered a quantifiable loss as a result of the offence of money laundering". Relatives of the accused, informants and the State Government have no such claim as such.