Which of the following is true regarding Section 25 of the Prevention of Money Laundering Act, 2002?
PMLA s.25 makes the Appellate Tribunal the forum "for hearing appeals against the orders of the Adjudicating Authority and the other authorities under this Act". Trials are…
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Which of the following is true regarding Section 25 of the Prevention of Money Laundering Act, 2002?
Answer and explanation
Correct answer B
PMLA s.25 makes the Appellate Tribunal the forum "for hearing appeals against the orders of the Adjudicating Authority and the other authorities under this Act". Trials are held by the Special Court, and appeals against its judgments go to the High Court under s.47.