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    <title>2025 (9) TMI 195 - RAJASTHAN HIGH COURT</title>
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    <description>HC set aside the rejection of Form SVLDRS-1 dated 21.01.2020 and quashed the impugned refusal. The matter is remitted to the respondent to reconsider the declaration filed by the petitioners in accordance with law and to proceed subject to fulfillment of the other conditions of the SVLDRS scheme. Petition allowed by way of remand; imposition of redemption fine, seizure penalty and director penalty not upheld at this stage pending fresh consideration.</description>
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      <description>HC set aside the rejection of Form SVLDRS-1 dated 21.01.2020 and quashed the impugned refusal. The matter is remitted to the respondent to reconsider the declaration filed by the petitioners in accordance with law and to proceed subject to fulfillment of the other conditions of the SVLDRS scheme. Petition allowed by way of remand; imposition of redemption fine, seizure penalty and director penalty not upheld at this stage pending fresh consideration.</description>
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