Question
Under the Prevention of Money-Laundering Act, 2002,
'attachment' is defined as:Solution
As per Section 2(d) of the PMLA, 2002, 'attachment' specifically means the prohibition of transfer, conversion, disposition or movement of property by an order issued under Chapter III. This definition is crucial because it clarifies that attachment under PMLA is not the same as physical seizure or confiscation. The prohibition is operative through a written order and prevents the property from being transferred or dealt with. It is distinct from confiscation, which is a final vesting of property in the Central Government. The power to provisionally attach property is exercised under Section 5 of PMLA. Option A incorrectly describes confiscation, and Option C refers to a civil court procedure not applicable here.
face the music
Select the most appropriate meaning of the given idiom.
 Sitting shotgun
- In each question, five alternatives are given for the Idiom/Phrase given in bold in the sentence. Choose the alternative which best expresses the meaning o...
In each of the following questions, an idiomatic expression/proverb has been italicised– followed by four alternatives. Choose the one which best exp...
Fill in the blank given below using the correct idiom.
After studying all night, John managed to _______________ by completing his project and...
Ask for or request earnestly
To cause a flutter
What is correct usage of given idiom.
Break the ice
In the following questions, four alternative given for the idiom/phrase bold in the sentence.choose the alternative which best expresses the meaning ...
1 - Flash in the pan
2 - Sauce in the pan
3 - Flesh in the pan
4 - Dish in the pan
5 - None of these