Which remedy is barred due to Section 41 of the Prevention of Money Laundering Act, 2002?
PMLA s.41 expressly bars the grant of injunction by any court or other authority against action taken or to be taken under the Act, so a civil injunction is the remedy it…
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Which remedy is barred due to Section 41 of the Prevention of Money Laundering Act, 2002?
Answer and explanation
Correct answer C
PMLA s.41 expressly bars the grant of injunction by any court or other authority against action taken or to be taken under the Act, so a civil injunction is the remedy it removes, not appeals to the Appellate Tribunal or High Court, or criminal revision.