Under the Prevention of Money-laundering Act, 2002, the Adjudicating Authority must direct release of…
Section 21(5) requires the Adjudicating Authority to direct release of records "after passing of an order of confiscation or release under sub-section (5) or sub-section (6)…
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Under the Prevention of Money-laundering Act, 2002, the Adjudicating Authority must direct release of records after which orders?
Answer and explanation
Correct answer D
Section 21(5) requires the Adjudicating Authority to direct release of records "after passing of an order of confiscation or release under sub-section (5) or sub-section (6) or sub-section (7) of section 8 or section 58B or sub-section (2A) of section 60". Confirmation of attachment under s.8(3) is an earlier stage.