Under the Prevention of Money-laundering Act, 2002, before condoning delay, the Appellate Tribunal must:
The proviso to PMLA s.26(3) requires the Appellate Tribunal to give an opportunity of being heard before condoning delay in filing an appeal, not merely record reasons or…
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Under the Prevention of Money-laundering Act, 2002, before condoning delay, the Appellate Tribunal must:
Answer and explanation
Correct answer B
The proviso to PMLA s.26(3) requires the Appellate Tribunal to give an opportunity of being heard before condoning delay in filing an appeal, not merely record reasons or seek approval elsewhere.