Under the Prevention of Money-laundering Act, 2002, if after investigation no offence of…
Under PMLA s.44(1)(b), if investigation does not make out the offence of money-laundering, the authorised authority files a closure report before the Special Court trying…
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Under the Prevention of Money-laundering Act, 2002, if after investigation no offence of money-laundering is made out, the authorised authority shall file:
Answer and explanation
Correct answer B
Under PMLA s.44(1)(b), if investigation does not make out the offence of money-laundering, the authorised authority files a closure report before the Special Court trying the matter, not a final report before a Magistrate, a discharge application, or a compounding application.