Under the Prevention of Money-laundering Act, 2002, attachment becomes final after-
Section 8(3)(b) says the confirmed attachment, retention or freezing shall "become final after an order of confiscation is passed" under section 8(5) or 8(7), section 58B or…
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Under the Prevention of Money-laundering Act, 2002, attachment becomes final after-
Answer and explanation
Correct answer C
Section 8(3)(b) says the confirmed attachment, retention or freezing shall "become final after an order of confiscation is passed" under section 8(5) or 8(7), section 58B or section 60(2A) by the Special Court. Confirmation by the Adjudicating Authority keeps the attachment alive but does not make it final, and neither does filing the complaint or framing charges.