Under the proviso to section 9 of the Prevention of Money-laundering Act, 2002, before declaring an…
Before declaring an encumbrance or lease-hold interest void under the s.9 proviso, the authority must give the person concerned an opportunity of being heard, not merely…
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Under the proviso to section 9 of the Prevention of Money-laundering Act, 2002, before declaring an encumbrance or lease-hold interest void, the authority must-
Answer and explanation
Correct answer C
Before declaring an encumbrance or lease-hold interest void under the s.9 proviso, the authority must give the person concerned an opportunity of being heard, not merely seek police opinion or issue a public notice.