Under the Prevention of Money-laundering Act, 2002, notice to parties is mandatory when the Chairman of…
PMLA s.37 requires "notice to the parties" when the Chairperson acts "on the application of any of the parties", but allows transfer "on his own motion without such notice".…
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Under the Prevention of Money-laundering Act, 2002, notice to parties is mandatory when the Chairman of the Appellate Tribunal transfers a case:
Answer and explanation
Correct answer B
PMLA s.37 requires "notice to the parties" when the Chairperson acts "on the application of any of the parties", but allows transfer "on his own motion without such notice". Notice is therefore needed only in the first case.