SVLDRS: Liability acknowledged by a statement recorded during investigation is sufficient

Vaztar International Pvt. Ltd. Vs Union of India & Ors. (Bombay High Court) Rejection of application filed under SVLDRS, 2019 on the ground of ineligibility with the remark that DGGI had informed that the quantification was not done prior to 30.06.2019. The Designated committee rejected SVLDRS Form-1 on the ground that the petitioner was ineligible as DGGI informed that quantification was not done prior to 30.06.2019. The Hon’ble High Court held that similar order was passed for different financial year by the High Court. Liability acknowledged by a statement recorded and the admiss...