Under the Prevention of Money-laundering Act, 2002, the period during which investigation is stayed by…
The Explanation to section 8(3) clarifies that, for computing the three-hundred-and-sixty-five-day period, the time during which the investigation is stayed by any court…
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Under the Prevention of Money-laundering Act, 2002, the period during which investigation is stayed by a court shall-
Answer and explanation
Correct answer B
The Explanation to section 8(3) clarifies that, for computing the three-hundred-and-sixty-five-day period, the time during which the investigation is stayed by any court shall be excluded, so it is left out of the computation rather than counted within it.