Under the Prevention of Money-laundering Act, 2002, on receiving an appeal, the Appellate Tribunal may:
PMLA s.26(4) lets the Appellate Tribunal, after hearing the parties, "pass such orders thereon as it thinks fit, confirming, modifying or setting aside the order appealed…
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Under the Prevention of Money-laundering Act, 2002, on receiving an appeal, the Appellate Tribunal may:
Answer and explanation
Correct answer C
PMLA s.26(4) lets the Appellate Tribunal, after hearing the parties, "pass such orders thereon as it thinks fit, confirming, modifying or setting aside the order appealed against". Its powers are not confined to one outcome, and remand is not compulsory.