Section 11 of PMLA : Section 11: Power Regarding Summons, Production Of Documents And Evidence, Etc
PMLA
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Explanation using Example
Imagine a scenario where a business owner is suspected of engaging in money laundering activities. The Enforcement Directorate (ED) has initiated an investigation under The Prevention of Money-Laundering Act, 2002. The ED believes that the business owner has been using his company to funnel illegal funds into legitimate accounts.
The Adjudicating Authority, while examining the case, exercises its powers similar to a civil court. It issues a summons to the business owner, requiring his attendance for an examination under o...
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