Question
What is the maximum term of punishment for money
laundering?Solution
Section 4 of Prevention of Money Laundering Act - Punishment for money-laundering.—Whoever commits the offence of money-laundering shall be punishable with rigorous imprisonment for a term which shall not be less than three years but which may extend to seven years and shall also be liable to fine: Provided that where the proceeds of crime involved in money-laundering relates to any offence specified under paragraph 2 of Part A of the Schedule, the provisions of this section shall have effect as if for the words “which may extend to seven years”, the words “which may extend to ten years” had been substituted.
As per the Delhi Special Police Establishment Act the Central Government shall appoint the Director on the recommendation of the Committee not consistin...
Law of Limitation is based on the maxim-
An agreement enforceable by law is _________________
Under the RTI Act what is the time period for the disposal of request for information concerning the life and liberty of a person?
A Public Company is a company which has a minimum paid-up share capital ____________
A introduces water into the ice-house belonging to B and thus causes the ice to melt, intending wrongful loss the B. Here, A has committed:
In whose favour is the Doctrine of Indoor Management?
No company shall issue a prospectus or make an offer or invitation to the public or to its members _______________for the subscription of its debentures...
What is the minimum number of directors in the case of a public company?
Who is considered as the Union Executive and the Head of the State as per the Indian Constitution?
Relevant for Exams:
