The HC quashed the impugned SVLDRS-3 to the extent it directed...

The HC quashed the impugned SVLDRS-3 to the extent it directed the anonymized petitioner to pay Rs.1,12,65,902/-, holding that the authorities failed to examine and verify challans and payments produced by the petitioner within the timelines and the respondents' own show-cause process. The SVLDRS-3 determination is set aside, and the matter is remitted for de novo verification by the designated committee of the petitioner's claims regarding pre-deposits and amounts recovered during investigations; if verification under Section 124(2) establishes entitlement, such amounts must be adjusted in computing liability under the scheme. Petition allowed.