Under the Prevention of Money-laundering Act, 2002, the Director's decision to withhold records for 90…
Under PMLA s.21(6), the Director or an authorised officer may withhold release of seized records or property for ninety days if of the opinion that they are "relevant for…
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Under the Prevention of Money-laundering Act, 2002, the Director's decision to withhold records for 90 days is based on:
Answer and explanation
Correct answer B
Under PMLA s.21(6), the Director or an authorised officer may withhold release of seized records or property for ninety days if of the opinion that they are "relevant for the appeal proceedings under this Act". The test is relevance to an appeal, not a Central Government direction or the pendency of a trial elsewhere.