Under Section 42 of the Prevention of Money Laundering Act, 2002, any person aggrieved by any decision of the Appellate Tribunal may file an appeal to the High Court within

Correct option is C

The correct answer is (c) 60 days from the date of communication of the decision.

Explanation

According to Section 42 of the Prevention of Money Laundering Act (PMLA), 2002, there is a specific provision for a second appeal to the High Court if a party is dissatisfied with the order of the Appellate Tribunal.

• The Timeline: The appeal must be filed within 60 days from the date of communication of the decision or order of the Appellate Tribunal to the aggrieved person.
• Extension (Condonation of Delay): If the High Court is satisfied that the appellant was prevented by "sufficient cause" from filing the appeal within the initial 60 days, it may allow the appeal to be filed within a further period not exceeding 60 days.
• Grounds for Appeal: The appeal to the High Court can be made on any question of fact or law arising out of such order.

Information Booster:

The PMLA provides a very structured timeline for legal remedies to ensure that money laundering cases—which often involve high-value assets—are not delayed indefinitely.

Key Appellate Timelines under PMLA:

1. To the Appellate Tribunal (Section 26): Appeal against an order of the Adjudicating Officer/Authority must be filed within 45 days.
2. To the High Court (Section 42): Appeal against the Appellate Tribunal's order must be filed within 60 days.