Under the Prevention of Money-laundering Act, 2002, proceedings before the Adjudicating Authority after…
Section 6(10) says that when a vacancy is filled, "the proceedings may be continued before the Adjudicating Authority from the stage at which the vacancy is filled". They…
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Under the Prevention of Money-laundering Act, 2002, proceedings before the Adjudicating Authority after filling a vacancy-
Answer and explanation
Correct answer B
Section 6(10) says that when a vacancy is filled, "the proceedings may be continued before the Adjudicating Authority from the stage at which the vacancy is filled". They neither start afresh nor abate, and there is no transfer to another forum.