Under the Prevention of Money-laundering Act, 2002, can the Appellate Tribunal condone delay beyond 45…
The proviso to PMLA s.26(3) lets the Appellate Tribunal entertain an appeal after forty-five days if, after hearing the appellant, it is satisfied there was sufficient cause…
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Under the Prevention of Money-laundering Act, 2002, can the Appellate Tribunal condone delay beyond 45 days?
Answer and explanation
Correct answer C
The proviso to PMLA s.26(3) lets the Appellate Tribunal entertain an appeal after forty-five days if, after hearing the appellant, it is satisfied there was sufficient cause for the delay.