Under the Prevention of Money-laundering Act, 2002, for a private aggrieved party, "High Court" means…
Clause (i) of the Explanation to PMLA s.42 defines the High Court as the one within whose jurisdiction "the aggrieved party ordinarily resides or carries on business or…
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Under the Prevention of Money-laundering Act, 2002, for a private aggrieved party, "High Court" means the High Court within whose jurisdiction the party:
Answer and explanation
Correct answer C
Clause (i) of the Explanation to PMLA s.42 defines the High Court as the one within whose jurisdiction "the aggrieved party ordinarily resides or carries on business or personally works for gain". The place of arrest or of the attached property does not decide the forum.