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2009 (3) TMI 1037 - HC - VAT and Sales TaxExtract: ....... The respondent No. 3 shall not insist upon furnishing of security in the form of cash or bank guarantee. In the event of default in furnishing of the security within the speficied period, the interim order staying the recovery shall automatically stand discharged and the authorities would be at liberty to recover the amount in accordance with law.
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