New Delhi Bench of Adjudicating Authority Gains Nationwide Jurisdiction Under Prevention of Money-Laundering Act, 2002, Section 6(5)(d.
The Central Government, under the Prevention of Money-Laundering Act, 2002, has designated the New Delhi Bench of the Adjudicating Authority to exercise jurisdiction, powers, and authority across India. This is in accordance with clause (d) of sub-section (5) of section 6 of the Act. The notification was issued by the Ministry of Finance, Department of Revenue, on July 1, 2005, under GSR 438(E).
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