SVLDR Scheme: Statement by Director during enquiry was admission of liability

Jai Sai Ram Mech & Tech India P Ltd Vs Union of India & Ors. (Bombay High Court) Sabka Vishwas (LDR) Scheme – Statement by Director during enquiry is admission of liability: The Bombay High Court has reiterated that for eligibility under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, the quantification need not be on completion of investigation by issuing show-cause notice or the amount that may be determined upon adjudication before the cut-off date. The Court observed that to be eligible under the under the category of investigation, enquiry or audit, all that is requi...