Under the proviso to section 9 of the Prevention of Money-laundering Act, 2002, the property referred…
The first proviso to section9 concerns PMLA property restrained under ChapterIII or seized/frozen under ChapterV. Custody under a different law alone does not trigger it;…
Choose your answer
Under the proviso to section 9 of the Prevention of Money-laundering Act, 2002, the property referred to may be-
Answer and explanation
Correct answer C
The first proviso to section9 concerns PMLA property restrained under ChapterIII or seized/frozen under ChapterV. Custody under a different law alone does not trigger it; property may of course be subject to orders under more than one statute.