Appellate tribunal designated to hear appeals under the Prevention of Money laundering Act, alongside textual amendments and omissions. The Finance Act, 2016 amends the Prevention of Money laundering Act, 2002 by substituting wording in section 2(1)(b), replacing section 25 to designate the Appellate Tribunal under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act as the appellate body for appeals from the Adjudicating Authority and other authorities, omitting sections 27-34, substituting 'Chairperson' with 'Chairman' in specified sections, and deleting clauses (s) and (t) of section 73(2).
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Provisions expressly mentioned in the judgment/order text.
Appellate tribunal designated to hear appeals under the Prevention of Money laundering Act, alongside textual amendments and omissions.
The Finance Act, 2016 amends the Prevention of Money laundering Act, 2002 by substituting wording in section 2(1)(b), replacing section 25 to designate the Appellate Tribunal under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act as the appellate body for appeals from the Adjudicating Authority and other authorities, omitting sections 27-34, substituting "Chairperson" with "Chairman" in specified sections, and deleting clauses (s) and (t) of section 73(2).
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